BlackRock To Launch Income-Paying Bitcoin ETF
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
BlackRock is launching an income-paying bitcoin exchange-traded fund (ETF), which is expected to generate cash flow from crypto investments. The launch is reportedly imminent, with some sources suggesting it could happen as soon as the next day, although the exact timing is not certain. The ETF will come with a fee, reportedly 65 basis points, which is said to be competitive with rival offerings.
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