BlackRock files for btc buffer ETF…
iShares Bitcoin Managed Protection ETF
They just launched iShares Bitcoin Premium Income ETF in June.
Also launched iShares Staked Ethereum ETF back in February.
Still shocked they’re sitting out on spot ETFs for sol, xrp, hype, etc.
Would have expected a crypto index ETF at a minimum.
BlackRock clearly has high conviction in only sticking w/ btc & eth.
For now.
BREAKING🚨 @BlackRock just filed for another Bitcoin ETF. This one will be a "buffer" Bitcoin ETF which will means it will offer downside protection but investors will give up some upside to get that protection. Ticker will be $PBIT.