INSIGHTS | Why the World’s Largest Investment Manager is Filing for a New Bitcoin ETF
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BlackRock has filed for a new Bitcoin-linked exchange-traded fund designed to limit some downside risk while capping potential gains, as the world’s largest asset manager expands beyond straightforward Bitcoin price exposure. INSTITUTIONAL | BlackRock Files to Launch the iShares Bitcoin Managed Protect ETF The proposed iShares Bitcoin Managed Protection ETF would use options linked to BlackRock’s iShares Bitcoin Trust (IBIT) to provide exposure to Bitcoin’s gains up to a specified limit while seeking to cushion losses, according to a Monday filing with the U.S. Securities and Exchange Commission. The move addresses a key barrier to broader Bitcoin investment – volatility.
Source: BitKE
