{"id":179301,"date":"2026-06-12T09:40:21","date_gmt":"2026-06-12T09:40:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=179301"},"modified":"2026-06-12T09:40:21","modified_gmt":"2026-06-12T09:40:21","slug":"bitcoin-etfs-news-blackrock-filed-to-launch-an-etf-that-pays-8-12-apy-and-goldman-sachs-is-right-behind-it","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=179301","title":{"rendered":"Bitcoin ETFs News: BlackRock Filed to Launch an ETF That Pays 8-12% APY And Goldman Sachs Is Right Behind It"},"content":{"rendered":"

In Bitcoin ETF news today, BlackRock filed a Form 8-A with the SEC on June 11, 2026 to register its iShares Bitcoin Premium Income ETF,<\/a> ticker BITA, for Nasdaq listing, the clearest signal yet that the fund is days away from going live.<\/p>\n

Bloomberg ETF analyst Eric Balchunas noted that an SEC 8-A filing of this kind typically means a launch within one week, putting his best estimate at Thursday, June 19. BITA is a first-of-its-kind yield-bearing Bitcoin ETF that holds spot BTC and IBIT shares, then sells covered call options on those holdings to generate 8\u201312% annual income for investors.<\/p>\n

BlackRock filed an 8-A for the Bitcoin Premium Income ETF $BITA<\/a>. That typically means launch in one week. So if I had to bet I’d say next Thur $BITA<\/a> goes live. We’ll see tho. pic.twitter.com\/jvJY8yhslh<\/a><\/p>\n

\u2014 Eric Balchunas (@EricBalchunas) June 11, 2026<\/a><\/p>\n\n

The urgency is real: a Goldman Sachs Bitcoin ETF using a similar covered-call structure is expected to follow around July 1, making BlackRock\u2019s race to market a deliberate strategic move.<\/p>\n

BITA promises regular income from Bitcoin exposure, but the covered-call mechanism that generates that income also caps your upside in a rally \u2013 and understanding that trade-off tells you exactly who this product is built for and who should probably stick with plain IBIT.<\/p>\n

DISCOVER: <\/strong>The 12+ Hottest Crypto Presales to Buy Right Now<\/strong> <\/a><\/span><\/p>\n

Bitcoin ETF News: What BITA\u2019s Income Strategy Actually Does<\/h2>\n

Think of BITA\u2019s covered-call strategy like renting out your house. You own the property (Bitcoin exposure via spot BTC and IBIT shares), and every month you collect rent from tenants (option premiums paid by traders). The income is real and regular.<\/p>\n

But here\u2019s the catch: if your neighborhood suddenly becomes ultra-valuable, say, Bitcoin doubles, you can\u2019t sell at the full new price because you\u2019ve already promised certain terms to your tenants. That\u2019s the trade-off in a single analogy.<\/p>\n

In practice, BITA holds a combination of spot Bitcoin, shares of IBIT (BlackRock\u2019s existing spot Bitcoin ETF), and cash. It then actively sells call options on those IBIT holdings and Bitcoin-linked indices.<\/p>\n

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