BlackRock Proposes Buffered Bitcoin ETF to Limit Potential Losses and Gains
Photo: Crypto Economy
TL;DR BlackRock is seeking to launch a Bitcoin ETF designed to limit potential losses in exchange for capping potential gains. The fund, called the iShares Bitcoin Managed Protection ETF (PBIT), will use options contracts linked to IBIT rather than holding Bitcoin directly. The asset manager continues to expand its Bitcoin and Ethereum investment products but ... Read more
Source: Crypto Economy
