BlackRock Files for Bitcoin ETF That Trades Capped Gains for a 10% Loss Floor

11 outlets reporting

Your call?🐂 Bullish🐻 Bearish

10%

loss floor

$BTC

$81,340

-1.9%

The proposed iShares Bitcoin Managed Protection ETF would use options on IBIT to limit each tranche's starting loss to about 10%, in exchange for a ceiling on gains.