Bloomberg Analyst: BlackRock Bitcoin Premium Yield ETF is a spot product, an extension of IBIT
Jinse Finance reported that Bloomberg Senior ETF Analyst Eric Balchunas posted on X, pointing out that the iShares Bitcoin Premium ETF, a spot product under the 1933 Act submitted by BlackRock, adopts a covered call Bitcoin strategy aimed at generating certain returns for Bitcoin investments. It is also an extension of another Bitcoin exchange-traded fund, IBIT. (Note: Mainstream ETF products in the US market are required to comply with both the 1933 Act and the 1934 Act.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Michael Saylor releases Bitcoin Tracker information again, may disclose additional holdings data next week
Bio Protocol: Microbiome DAO's X account has been compromised
Bitlight Labs: LIGHT airdrop can only be claimed on the BNB network
CITIC Securities: The Possibility of a Rebound in U.S. Treasury Yields Is Low
Trending news
MoreCrypto prices
More
