BlackRock has moved forward with its Bitcoin premium income strategy, revealing a ticker for its upcoming iShares Bitcoin Premium Income ETF. Bloomberg ETF analyst Eric Balchunas said on X that the fund will trade under “$BITA” and noted that BlackRock has filed an amended S-1 registration statement for the product, describing it as a sequel to its existing Bitcoin ETF lineup. 

He added that no management fee has been set, with his “over/under” estimate at 38 basis points. There is no official launch date yet.

The proposed ETF is designed to combine direct BTC exposure with an income-generating options overlay. 

According to prior SEC filings, the structure is…

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