EL7.AI
CryptoUpdated×3•Originally published 16 June 2026•Updated 16 June 2026•
1 min read

BlackRock Launches BITA ETF to Boost Bitcoin Yields via Call Option Strategy

A BlackRock BITA fund document connected to a large gold Bitcoin coin by a mechanical arm on an orange background.

Key Facts

1BlackRock is preparing to launch its new iShares Bitcoin Premium Income ETF for trading on Nasdaq.
2The new fund received regulatory approval from the U.S. Securities and Exchange Commission (SEC).

In a move reflecting the evolution of digital asset investment vehicles, BlackRock has launched its iShares Bitcoin Premium Income ETF under the ticker BITA on the Nasdaq exchange. The fund generates income by selling call options on up to 35% of its underlying iShares Bitcoin Trust (IBIT) holdings. According to reports, the strategy specifically targets an annual yield of 15% to 25% for investors in exchange for capping potential Bitcoin price upside.

This launch occurs as the crypto ETF landscape shifts toward yield-bearing products, with firms like Bitwise and Canary Capital recently filing for XRP-based funds per market data. For context, BlackRock's existing iShares Bitcoin Trust (IBIT) has seen record-breaking success, surpassing $20 billion in assets under management since its January 2024 debut according to Bloomberg data, signaling a mature market ready for derivative-based exposure like BITA.

Regarding market levels, the related instrument (0QZZ.L) stood at 1048.11 USD (at close 2026-06-15). Investors should monitor the initial inflow volumes for BITA and watch for the upcoming U.S. CPI inflation data on June 10, 2026, as macroeconomic indicators remain a primary catalyst for volatility and the overall effectiveness of covered-call strategies.