BlackRock Files List for Its Bitcoin Income ETF, BITA Expected to Launch Next Week

BlackRock has taken another step toward listing its Bitcoin Income exchange-traded fund on Nasdaq, filing a stock registration document that often signals an imminent debut.

The world’s largest asset manager filed Form 8-A for the iShares Bitcoin Premium Income ETF on Thursday, typically one of the last procedural steps before an ETF goes live.

The filing “typically means a launch within a week,” Eric Balchunas, an ETF analyst at Bloomberg, wrote on X, adding that he would bet that the fund, ticker BITA, would begin trading on June 18.

Balchunas said a day earlier that he expected the fund to debut “very soon” and noted that BlackRock was racing to beat a competing Goldman Sachs product to market. Goldman’s fund is expected to go live around July 1.

BlackRock’s fund will earn revenue by selling call options on BlackRock’s iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF, with $49 billion in net assets. Each month, she will sell options on a portion of her holdings and receive the premium as income.

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