Bloomberg Analyst: BlackRock Bitcoin Premium Yield ETF is a spot product, an extension of IBIT
Jinse Finance reported that Bloomberg Senior ETF Analyst Eric Balchunas posted on X, pointing out that the iShares Bitcoin Premium ETF, a spot product under the 1933 Act submitted by BlackRock, adopts a covered call Bitcoin strategy aimed at generating certain returns for Bitcoin investments. It is also an extension of another Bitcoin exchange-traded fund, IBIT. (Note: Mainstream ETF products in the US market are required to comply with both the 1933 Act and the 1934 Act.)
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