BlackRock Files for Third Bitcoin ETF With Options Strategy
Edited by Steinar Vigdel Kolnes, Editor, Oslo
BlackRock has filed for a third Bitcoin ETF, proposing an options-based strategy designed to limit both potential losses and gains.
BlackRock has filed for a third Bitcoin exchange-traded fund, according to Cointelegraph. The proposed product would offer a different approach from its existing crypto funds.
The fund would use options to limit potential losses while also restricting gains. That structure would offer a more constrained return profile rather than unrestricted exposure to Bitcoin’s price movements.
The proposal would broaden BlackRock’s ETF lineup, which already includes Bitcoin and Ether products. The report noted that the firm still has no Solana or XRP ETF filing.
Source: Cointelegraph
