BlackRock Unveils Its Bitcoin Income ETF, BITA Expected to Launch Next Week

BlackRock took another step toward listing its bitcoin income exchange-traded fund on Nasdaq, filing a stock registration document that often indicates an imminent debut.

The world’s largest asset manager on Thursday filed Form 8-A for the iShares Bitcoin Premium Income ETF, typically one of the last procedural steps before an ETF goes live.

The filing “typically means launch within a week,” Bloomberg ETF analyst Eric Balchunas wrote on X, adding that he would bet the fund, symbol BITA, will begin trading on June 18.

Balchunas said a day earlier that he expected the fund to debut “very soon” and noted that BlackRock was racing to beat the market to a competing product from Goldman Sachs. Goldman’s fund should go live around July 1.

BlackRock’s fund will earn income by selling call options on BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot bitcoin ETF, with $49 billion in net assets. Each month, you will write options on a portion of your holdings and collect the premium as income.



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