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BlackRock Debuts BITA Bitcoin ETF, Trading Partial Upside for Double-Digit Yield

As reported by Decrypt
BlackRock launched an ETF that limits Bitcoin gains in exchange for double-digit payouts by selling call options on its holdings.
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BlackRock has launched a new Bitcoin ETF, BITA, designed to provide investors with double-digit payouts. This is achieved by limiting potential Bitcoin gains through the sale of call options on its holdings. The strategy aims to offer a consistent yield in exchange for partial…

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