iShares has introduced the Bitcoin Premium Income ETF (BITA), a new bitcoin income ETF that uses covered call strategies to generate income by selling call options on its spot bitcoin ETF (IBIT). This approach transforms bitcoin, which traditionally produces no income, into an asset that can provide premium income to investors. BITA charges a 65 basis point fee, lower than the 99 basis points charged by the NEOS Bitcoin High Income ETF (BTCI), a similar product that has seen strong inflows and a 26.7% distribution rate. While BTCI benefits from being first to market with a proven track record, BITA aims to compete in this growing niche of bitcoin income ETFs, offering investors another option to earn income from bitcoin exposure.
The newly launched Leverage Shares 2X Long SPCX Daily ETF (SPCH) tied to SpaceX stock surged with $1.3 billion in trading volume on its second day, surpassing the record set by BlackRock's iShares Bitcoin Trust (IBIT) in 2024. Despite heavy competiti...
Bitcoin rose over 5% this week, marking its first gain in five weeks, but remains below the $70,000 mark and down 25% year-to-date. Ether also recovered, climbing over 9%, yet it stays below $2,000 and is down about 40% for the year. Both cryptocurre...
Following the SEC's January 2024 approval of spot Bitcoin ETFs, iShares Bitcoin Trust ETF (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) have emerged as the top contenders. Both ETFs hold actual Bitcoin and charge a 0.25% fee, but differ in cust...
On June 12, 2026, US Bitcoin spot ETFs recorded their highest single-day net cash inflow of $85.85 million, equivalent to about 1,350 BTC. This surge ended the longest outflow streak of 2026, with major ETFs like BlackRock’s iShares Bitcoin Trust see...
