BlackRock BTC Income ETF: Bloomberg Analyst Eyes June 18 Launch

1 month ago 26

Rommie Analytics

Key Takeaways

  • BlackRock filed Form 8-A for BITA with the SEC on June 11.
  • Sponsor fee set at 0.65%, below rivals charging 0.95% to 0.99%.
  • Seed portfolio holds 109.96 BTC and 90,901 IBIT shares.

The asset manager filed a Form 8-A with the U.S. Securities and Exchange Commission on June 11, registering shares of the trust under Section 12(b) of the Securities Exchange Act ahead of a planned Nasdaq listing under the ticker BITA.

Bloomberg Senior ETF Analyst Eric Balchunas flagged the filing on X, writing that an 8-A “typically means launch in one week” and estimating the fund could go live as early as Thursday, June 18, while noting the timeline remains uncertain.

BlackRock filed an 8-A for the Bitcoin Premium Income ETF $BITA. That typically means launch in one week. So if I had to bet I’d say next Thur Read Entire Article