BlackRock and the 10% Floor: Why PBIT Is Not the Risk-Management Instrument the Crypto Sector Needs
Photo: Crypto Economy
The filing of the iShares Bitcoin Managed Protection ETF (PBIT) with the SEC on 19 October 2026 introduces a product category the digital-asset market had avoided until now: a defined-outcome ETF applied to Bitcoin. The commercial proposition is direct: absorb approximately the first 10% of a decline in the reference asset in exchange for limiting ... Read more
Source: Crypto Economy
