StreetInsider.com News Articles

BlackRock launches bitcoin income ETF on NASDAQ as BITA

Tue, 16 Jun 2026 08:34:29 -0400

BlackRock has launched the iShares Bitcoin Premium Income ETF (NASDAQ: BITA), an exchange-traded product designed to provide bitcoin price exposure while generating monthly income through options premiums.

BITA gains bitcoin exposure through a combination of spot bitcoin and the iShares Bitcoin Trust ETF (NASDAQ: IBIT). The fund aims to write call options on IBIT representing approximately 25% to 35% of the portfolio, with the resulting premiums distributed to investors monthly.

The structure holds bitcoin and IBIT directly, while selling call options on IBIT that qualify as section 1256 contracts, which are subject to a blended 60/40 tax rate under U.S. tax rules.

BlackRock launches bitcoin income ETF on NASDAQ as BITA

Tue, 16 Jun 2026 08:34:29 -0400

The structure holds bitcoin and IBIT directly, while selling call options on IBIT that qualify as section 1256 contracts, which are subject to a blended 60/40 tax rate under U.S. tax rules.

BlackRock launches bitcoin income ETF on NASDAQ as BITA

Tue, 16 Jun 2026 08:34:29 -0400

The structure holds bitcoin and IBIT directly, while selling call options on IBIT that qualify as section 1256 contracts, which are subject to a blended 60/40 tax rate under U.S. tax rules.

BlackRock launches bitcoin income ETF on NASDAQ as BITA

Tue, 16 Jun 2026 08:34:29 -0400

The structure holds bitcoin and IBIT directly, while selling call options on IBIT that qualify as section 1256 contracts, which are subject to a blended 60/40 tax rate under U.S. tax rules.

BlackRock launches bitcoin income ETF on NASDAQ as BITA

Tue, 16 Jun 2026 08:34:29 -0400

The structure holds bitcoin and IBIT directly, while selling call options on IBIT that qualify as section 1256 contracts, which are subject to a blended 60/40 tax rate under U.S. tax rules.

BlackRock launches bitcoin income ETF on NASDAQ as BITA

Tue, 16 Jun 2026 08:34:29 -0400

The structure holds bitcoin and IBIT directly, while selling call options on IBIT that qualify as section 1256 contracts, which are subject to a blended 60/40 tax rate under U.S. tax rules.

BlackRock launches bitcoin income ETF on NASDAQ as BITA

Tue, 16 Jun 2026 08:34:29 -0400

The structure holds bitcoin and IBIT directly, while selling call options on IBIT that qualify as section 1256 contracts, which are subject to a blended 60/40 tax rate under U.S. tax rules.

BlackRock Expands Digital Assets Offerings with Bitcoin Premium Income ETF

Tue, 16 Jun 2026 08:30:00 -0400

Combines Long-Term Bitcoin Growth with Option Income Potential

NEW YORK--(BUSINESS WIRE)-- BlackRock today announced the launch of the iShares Bitcoin Premium Income ETF (Nasdaq:BITA), an exchange-traded product (ETP) designed to provide investors with bitcoin upside participation while generating monthly option premium.

The iShares Trusts are not an investment company registered under the Investment Company Act of 1940, and therefore are not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940.