BlackRock Becomes First Mega Issuer to Launch Covered Call Bitcoin ETF
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
BlackRock has launched a covered call bitcoin exchange-traded fund (ETF), reportedly offering an income-paying option for investors. The yield on this ETF is said to be around 15-25%. Other firms, such as Northern Trust, are also making moves in the ETF space, although it is unclear how these developments are related to BlackRock's bitcoin ETF launch.
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