BlackRock has launched the iShares Bitcoin Premium Income ETF (BITA), a covered-call bitcoin fund that combines spot BTC and IBIT exposure with option-writing to generate monthly income while retaining most of bitcoin's upside potential.
Abu Dhabi investment vehicles together held over 20 million shares of BlackRock’s Bitcoin IBIT at the close of last year, with a combined value exceeding $1.1 billion.
An executive from BlackRock said that a small shift in Asian portfolio allocations toward crypto could generate enormous inflows for the digital asset market.
Delaware Life Insurance Company has become the first U.S. insurer to offer a fixed index annuity tied to a BlackRock index blending 74% S&P 500, 25% Bitcoin, and 1% cash.
The Abu Dhabi Investment Council more than tripled its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares in Q3, viewing Bitcoin as a long-term digital gold allocation.