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The Nexus
BUSINESSJun 16 · 12:00 UTCTHE BLOCKDaniel Kuhn

BlackRock launches new Bitcoin ETF that generates income using a covered call strategy

BlackRock has launched a new Bitcoin ETF called BITA that generates income by selling call options on up to 35% of its holdings in BlackRock’s Bitcoin ETF (IBIT). The strategy involves holding both Bitcoin and IBIT to create income through a covered call approach.

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