Global investment firm BlackRock has filed an S-1 application form with the US Securities and Exchange Commission (SEC) to launch an iShares Bitcoin Premium Income ETF. While not yet approved, the new ETF product would consist primarily of Bitcoin, with shares of iShares Bitcoin Trust ETF (IBIT) and cash premiums. According to the S-1 filing, it would function as a yield-bearing product whose performance will be based on the price of Bitcoin “while providing premium income through an actively managed stra ...