iShares Bitcoin Trust ETF
Coverage of iShares Bitcoin Trust ETF 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.
- Harvard dumps ether ETF as Abu Dhabi sovereign fund keeps adding to bitcoin positions
Mubadala, an Abu Dhabi-based sovereign fund, added over $90 million to its position in BlackRock's iShares Bitcoin Trust ETF, while Harvard dumped ether ETF. This move indicates a strategic investment in bitcoin. The investment amount is substantial, totaling over $90 million.
- Trading IBIT and BTC ETFs on IBKR (from Switzerland)
A user in Switzerland is seeking to trade options on the iShares Bitcoin Trust ETF (IBIT) via Interactive Brokers (IBKR) but faces access issues due to lack of visibility for IBIT and US market permissions. They have full trading permissions but cannot access IBIT or US stock options.
- Congresswoman Biggs discloses six-figure BlackRock bitcoin ETF buy as BTC rebounds
Congresswoman Sheri Biggs disclosed a second purchase of up to $250,000 in BlackRock’s iShares Bitcoin Trust ETF within a year. The transaction occurred as Bitcoin (BTC) prices rebounded.