BlackRock Files For Bitcoin ETF With Managed Downside Protection
Summary
BlackRock proposed the iShares Bitcoin Managed Protection ETF, which would use overlapping options linked to IBIT or similar exposure to seek some downside protection while retaining limited upside. Returns may depend on purchase timing, options costs, fund expenses and market movements; protection is not guaranteed and gains could be capped. The SEC filing is not approval or a launch, and fees and final strategy details remain unknown.
