ChainCatcher reported that Bloomberg ETF analyst Eric Balchunas posted on X that BlackRock has filed an 8-A form for its Bitcoin Premium Income ETF, which carries the ticker BITA. The filing marks the latest disclosed procedural step for the product.
BITA Moves Into a Pre-Launch Filing Stage
According to Balchunas, the submission of an 8-A form is a step that usually indicates a formal launch within one week. Based on his post, he expects BITA to begin trading next Thursday.
The report did not provide additional details on the ETF’s fee structure, exchange venue, or other product terms. The key disclosed information is that BlackRock has filed the 8-A document for BITA and that Balchunas expects the product to go live for trading next Thursday.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.