BlackRock doubles down on bitcoin fund offerings with income-focused filing

BlackRock (BLK) is moving deeper into the cryptocurrency exchange-traded fund (ETF) market with a plan to offer income from bitcoin (BTC) exposure. The world's largest asset manager, with an estimated $12.5 trillion in assets under management, filed with the U.S. Securities and Exchange Commission (SEC) a Form S-1 to list the iShares Bitcoin Premium Income ETF. The proposed fund would actively manage exposure to bitcoin, either directly or through shares of BlackRock’s existing iShares Bitcoin Trust (IB ...

BlackRock doubles down on bitcoin fund offerings with income-focused filing - Reportify