Source: International Business Times
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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