BlackRock Just Introduced a New Way to Invest in Bitcoin. But Is This New ETF a Buy?

Published July 6, 2026 · Category: Finance

Overview

Bitcoin (CRYPTO: BTC) is taking it on the chin. The dominant cryptocurrency currently trades 51% off its all-time record (as of July 2).

This bear market hasn't stopped BlackRock (NYSE: BLK) from continuing to expand its related product suite. With the January 2024 launch of the iShares Bitcoin Trust, the massive asset manager already has a stake in Bitcoin's success. Even with record net outflows in June, this exchange-traded fund (ETF) currently has $44 billion in total assets.

Details

BlackRock isn't done. It just launched the iShares Bitcoin Premium Income ETF (NASDAQ: BITA) on June 9. Is this new investment vehicle a buy?

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Source

Originally published at www.fool.com.

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