Frax (@Frax): JUST IN: @BlackRock is turning Bitcoin into an income product.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC+85Positive
JUST IN: @BlackRock is turning Bitcoin into an income product. BITA, its iShares Bitcoin Premium Income ETF, is expected to launch Thursday, selling call options on IBIT to generate monthly yield. Step one: Spot BTC. Step two: BTC income. Wall Street is productizing crypto.