BlackRock Files Bitcoin Futures ETF S-1 with SEC

BlockBeats News, January 26th, Bloomberg ETF analyst Eric Balchunas tweeted that BlackRock has just filed the official S-1 registration statement for its upcoming iShares Bitcoin Premium Income ETF (filed with the SEC on January 23rd). The fees and ticker symbol have not been announced yet.

The product's strategy is to track the performance of the Bitcoin price while providing additional income through an active management strategy, mainly by selling covered call options based on IBIT shares and occasionally trading based on ETP indices.

BlockBeats Note: This S-1 filing is the first step in the product's official SEC registration process, which may involve subsequent 19b-4 rule changes, Nasdaq listing applications, and other processes before official issuance and trading can take place.