News list for "Spot product"
Bloomberg senior ETF analyst Eric Balchunas pointed out in a post on the X platform that the bitcoin premium income ETF exchange traded fund iShares Bitcoin Premium ETF submitted by BlackRock is a spot product under the 1933 Act. It adopts a covered bullish bitcoin strategy and aims to bring certain returns to bitcoin investment. It is also an extension of another bitcoin exchange fund, IBIT.
Bloomberg senior ETF analyst Eric Balchunas pointed out in a post on the X platform that BlackRock's application for the Bitcoin Premium Income ETF iShares Bitcoin Premium ETF is a spot product under the 1933 Act. It adopts a covered bullish bitcoin strategy and aims to bring certain returns to bitcoin investment. It is also an extension of IBIT, another bitcoin exchange fund. (Note: Mainstream ETF products in the US market need to comply with the 1933 Act and the 1934 Act.)
