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BlackRock is expanding its cryptocurrency offerings with a plan to launch a new Bitcoin ETF designed to generate regular income for investors using a covered call strategy.
Asset management giant BlackRock has filed for a new Bitcoin ETF designed to generate regular income for investors through a covered call options strategy.
Bitcoin ETFs saw a strong rebound with $241 million in net inflows on September 24, reversing two days of losses. Ethereum ETFs continued to bleed funds.
Cryptocurrency ETFs saw $439 million in withdrawals on Monday, with Bitcoin funds losing $363.1 million as investors react to Federal Reserve policy signals.
Cryptocurrency investment funds attracted nearly $1.9 billion last week, marking a second consecutive week of strong inflows driven primarily by Bitcoin and Ether ETFs.
