BlackRock's income-paying bitcoin ETF nears launch at a fee that undercuts rivals
Key takeaways
- The i Shares Bitcoin Premium Income ETF makes money by selling call options on Black Rock's own IBIT.
- The world's largest asset manager filed its fourth amendment for the iShares Bitcoin Premium Income ETF on Tuesday, according to its SEC filing.
- The fund holds bitcoin and shares of IBIT, BlackRock's $47 billion spot bitcoin ETF.
The i Shares Bitcoin Premium Income ETF makes money by selling call options on Black Rock's own IBIT. By Shaurya Malwa Jun 11, 2026, 8:59 a.m. 2 min read Make preferred on What to know: Black Rock is preparing to launch the i Shares Bitcoin Premium Income ETF, which will trade on Nasdaq under the ticker BITA and aims to provide investors with income from bitcoin exposure.The fund will generate income by holding bitcoin and shares of BlackRock’s IBIT ETF, then selling call options on 25% to 35% of its holdings each month, capping upside in exchange for steady premiums.BlackRock has set a 0.65% sponsor fee for BITA, undercutting rival covered-call bitcoin ETFs, and analysts expect the fund to launch soon as the firm races Goldman Sachs to market.BlackRock is close to launching a bitcoin fund that pays an income.
The world's largest asset manager filed its fourth amendment for the iShares Bitcoin Premium Income ETF on Tuesday, according to its SEC filing. The fund will trade on Nasdaq under the ticker BITA.
The income comes from options. The fund holds bitcoin and shares of IBIT, BlackRock's $47 billion spot bitcoin ETF. Each month it sells call options on those IBIT shares.