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BlackRock applies to launch a covered call options strategy fund iShares Bitcoin Premium ETF
On September 26, Bloomberg ETF analyst Eric Balchunas revealed that BlackRock has applied to launch a new product called iShares Bitcoin Premium ETF, which is a fund that adopts a covered call options strategy. Unlike traditional spot ETFs that passively track Bitcoin prices, the iShares Bitcoin Premium ETF will hold Bitcoin while earning premiums by selling covered call options and distributing the profits to investors, thereby converting Bitcoin's fluctuations into investment returns.