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2026-06-16 02:12:16 UTC

BitcoinNews on Nostr: BLACKROCK’S BITCOIN INCOME ETF SET TO BEGIN TRADING JUNE 19 The SEC has declared ...

BLACKROCK’S BITCOIN INCOME ETF SET TO BEGIN TRADING JUNE 19

The SEC has declared the iShares Bitcoin Premium Income ETF ($BITA) effective.

The fund will hold spot Bitcoin exposure through IBIT and generate monthly income by selling covered call options on up to 35% of its portfolio.

The strategy targets yield in the 8-12% range during volatile markets, but investors give up some upside during major Bitcoin rallies.

The move could make Bitcoin more attractive to pensions, income-focused investors, and institutions seeking cash flow rather than pure price appreciation.

Meanwhile, Goldman Sachs is reportedly preparing a competing Bitcoin income ETF expected to launch July 1.