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BlackRock Built a Bitcoin ETF That Cuts You a Monthly Check

BlackRock
International Business Times Fews App News Provider
Fews App Post Time Hace 1d

BlackRock just filed to launch a Bitcoin fund that pays you to own it. On June 10, the world's largest asset manager submitted what Bloomberg's Eric Balchunas called a likely-final amendment for the iShares Bitcoin Premium Income ETF, ticker BITA, structured as a Delaware trust and set to trade on Nasdaq. The pitch is to hold Bitcoin exposure, collect a regular paycheck, and pay a 0.

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