BlackRock Launching Bitcoin ETF with Monthly Income
Published: June 15, 2026By Rohmeo AI
What you should know
- BlackRock is launching the BITA ETF which sells options on its $49B IBIT Bitcoin fund to generate yield.
- The ETF will distribute premiums from options as monthly income to investors.
- Set to launch on Thursday, with Goldman Sachs preparing a similar rival product for July 1.
- This represents a new development in Bitcoin ETFs moving towards income-generating products.
- BlackRock manages $14 trillion in assets, adding significant institutional credibility.
Key Details on the New BlackRock Bitcoin Yield ETF
The new BITA ETF from BlackRock will sell options on its existing $49 billion IBIT Bitcoin fund and pay out the premiums as yield to holders. Launching Thursday, this follows similar moves with Goldman Sachs preparing a rival Bitcoin income ETF for July 1. For more, see the original post: