ChainCatcher reported that Bloomberg ETF analyst Eric Balchunas posted on X that Nasdaq has confirmed the upcoming listing of BlackRock’s iShares Bitcoin Premium Income ETF. The fund will trade under the ticker BITA and is scheduled to list on Tuesday local time, according to the information cited in the report.
The disclosed details state that BITA has a target annualized yield of 15% to 25%. The ETF is also designed to provide investors with at least 70% of Bitcoin’s upside. The information shared in the report therefore centers on four points: the Nasdaq confirmation, the Tuesday local-time listing schedule, the BITA ticker, and the stated yield and Bitcoin upside participation figures.
The product is associated with iShares, the BlackRock fund brand named in the report. ChainCatcher’s item did not add further product terms beyond the listing confirmation, ticker, target annualized yield range of 15% to 25%, and the minimum 70% participation in Bitcoin’s upside.