BlackRock has filed an 8-A share registration with Nasdaq for its bitcoin income ETF, a procedural step that typically precedes a fund's market launch by days. The filing signals the product is on track to go live as early as next week. Unlike standard spot bitcoin ETFs, an income-focused product is designed to generate yield for investors, likely through options strategies such as covered calls written against bitcoin holdings. BlackRock already operates the iShares Bitcoin Trust, one of the largest spot bitcoin ETFs by assets. The new offering would expand its crypto product lineup and cater to income-seeking investors who want bitcoin exposure alongside regular distributions. Regulatory clearance appears imminent given the advanced stage of the registration process.
— Sponsored —
Trade smarter on BYDFI
Get a bonus on your first deposit — from $50 at $100, up to $2,000 at $20k. 200x leverage, 600+ perpetuals, deep liquidity.