Roundhill
Coverage of Roundhill in the Nexus archive.
- BlackRock Launches New Bitcoin ETF Combining BTC Exposure With Covered Call Income
BlackRock launched the iShares Bitcoin Premium Income ETF (BITA), which combines spot bitcoin exposure with a covered call strategy to generate monthly income. The fund holds bitcoin and the iShares Bitcoin Trust ETF (IBIT), selling call options on 25-35% of IBIT holdings to collect premiums, with a 0.65% sponsorship fee. It uses a tax-efficient structure with Section 1256 contracts for favorable capital gains treatment.
- SEC Delays Prediction Market ETFs From Roundhill, GraniteShares and Bitwise
The SEC has delayed approval of prediction market ETFs from Roundhill, GraniteShares, and Bitwise. SEC Chairman Paul Atkins spoke at an Economic Club of Washington event, discussing the SEC's monitoring of emerging pressures in the private credit market amid rising redemption requests and default-rate projections.
- SEC delays prediction market ETFs over mechanics and risk concerns: Report
The SEC has delayed prediction market ETFs due to concerns over mechanics and risk, requesting more information from Roundhill, GraniteShares, and Bitwise. The regulator wants to know how event contract funds would work. This delay may impact the launch of these financial products.
- First prediction market ETFs could launch next week, Bloomberg analyst says
Roundhill's SEC filing for prediction market ETFs is set to take effect on May 5, with analysts suggesting a potential launch as early as next week. Bloomberg analysts highlight this development as a significant step for the emerging prediction market ETF sector.