BlackRock filed a Form 8-A for its iShares Bitcoin Premium Income ETF (ticker BITA) on June 11, 2026, a key step before the fund begins trading on Nasdaq, likely by June 18. The ETF generates income by selling call options on BlackRock's $49 billion spot bitcoin fund IBIT, capping upside in exchange for option premiums. With a 0.65% fee undercutting rivals (0.95%-0.99%), it competes with Goldman Sachs' similar product due around July 1. The filing signals deeper mainstream adoption of bitcoin as an income-generating asset, following BlackRock's success with IBIT. The fund is already seeded and actively buying bitcoin and writing options, pending SEC effectiveness.

Key facts

• BlackRock filed 8-A for Bitcoin Premium Income ETF (BITA) on Nasdaq, launch expected June 18.
• ETF sells call options on IBIT, capping upside for option premium income.
• 0.65% fee undercuts rival covered-call bitcoin funds charging 0.95%-0.99%.
• Competes with Goldman Sachs bitcoin income ETF launching around July 1.

KeyAudit data perspective