BlackRock (NYSE:BLK) launched the iShares Bitcoin Premium Income ETF (Nasdaq:BITA), offering bitcoin exposure plus monthly option premium income. BITA holds spot bitcoin and IBIT, writing call options on about 25%–35% of the portfolio. The partnership structure targets tax‑efficient growth and income treatment.
BITA leverages IBIT’s options market, averaging $3.7 billion in daily trading volume. BlackRock oversees over $130 billion in digital asset strategies, and iShares captured about 90% of 2025 U.S.-listed digital asset ETP flows.
BlackRock's iShares Ethereum Trust ETF (ETHA) has launched on Nasdaq, offering investors exposure to the price of ether, Ethereum's native token. The ETF features a 0.25% sponsor fee, with a one-year waiver reducing it to 0.12% on the first $2.5B AUM. This launch follows the successful debut of BlackRock's iShares Bitcoin Trust (IBIT) in January 2024.
Jay Jacobs, U.S. Head of Thematic and Active ETFs at BlackRock, highlighted the strong demand for crypto-asset access through the iShares platform. Robert Mitchnick, Global Head of Digital Assets, emphasized ETHA's potential to support various blockchain applications. The ETF leverages BlackRock's institutional-grade technology and risk management expertise, demonstrating the firm's commitment to innovation in digital assets.