BlackRock's income-paying bitcoin ETF nears launch at a fee that undercuts rivals
BlackRock is preparing to launch the iShares Bitcoin Premium Income ETF (BITA), which generates investor income by selling call options on its existing bitcoin holdings. The fund aims to undercut competitors by offering a lower sponsor fee of 0.65%.
Why it matters
This launch represents a significant expansion of institutional crypto-financial products, offering investors a way to generate yield from bitcoin while potentially lowering costs in the competitive ETF market.
Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email BlackRock s income-paying bitcoin ETF nears launch at a fee that undercuts rivals The iShares Bitcoin Premium Income ETF makes money by selling call options on BlackRock s own IBIT. By Shaurya Malwa Jun 11, 2026, 8:59 a.m. 2 min read Make preferred on What to know : BlackRock is preparing to launch the iShares Bitcoin Premium Income ETF, which will trade on Nasdaq under the ticker BITA and aims to provide investors with income from bitcoin exposure. The fund will generate income by holding bitcoin and shares of BlackRock’s IBIT ETF, then selling call options on 25% to 35% of its holdings each month, capping upside in exchange for steady premiums. BlackRock has set a 0.65% sponsor fee for BITA, undercutting rival covered-call bitcoin ETFs, and analysts expect the fund to launch soon as the firm races Goldman Sachs to market. BlackRock is close to launching a bitcoin fund that pays an income.
The article provides a straightforward, factual report on a financial product launch without loaded language or political framing.
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