BlackRock has taken another step toward introducing its new Bitcoin Premium Income ETF. The asset manager just filed another crucial document with the U.S. Securities and Exchange Commission (SEC).
BlackRock Files Form 8-A For BlackRock Premium Income ETF
According to the Form 8-A filing with the SEC on June 11, BlackRock’s iShares Bitcoin Premium Income ETF is now registered for listing on The Nasdaq Stock Market LLC. The disclsoure reiterated the proposed registration of shares of the trust under Section 12(b) of the Securities Exchange Act Experts believe that this move hints at a launch next week.
Along these lines, Bloomberg Senior ETF Analyst Eric Balchunas wrote on X, “BlackRock filed an 8-A for the Bitcoin Premium Income ETF $BITA. That typically means launch in one week.” He added, “So if I had to bet I’d say next Thur $BITA goes live. We’ll see tho.”
The registration comes on the heels of BlackRock’s recent update to the fund’s S-1 registration statement. In its fourth amended filing with the SEC, the asset manager stated its plans to list a product under the symbol BITA on Nasdaq.
BlackRock filed an 8-A for the Bitcoin Premium Income ETF $BITA. That typically means launch in one week. So if I had to bet I’d say next Thur $BITA goes live. We’ll see tho. pic.twitter.com/jvJY8yhslh
— Eric Balchunas (@EricBalchunas) June 11, 2026
Unlike a conventional spot Bitcoin ETF, the actively managed fund is meant to be used to generate income along with an exposure to Bitcoin. As outlined in the prospectus, the trust will focus on selling call options to generate option premium income. It will be primarily related to BlackRock’s spot Bitcoin ETF, IBIT, or to benchmarks associated with spot BEP.
Recently, Goldman Sachs also filed for a Bitcoin Premium Income ETF as it seems to rival BlackRock in the market.
Overview of Fee & Details On Net Assets
In the revised filing, the sponsor fee is set at 0.65%, a payment that will come from proceeds of the sale of IBIT shares. The document also mentions that in some cases there are fee waivers.
The trust’s net assets as of the last filing were about $9.99 million, which is $49.97 per share. Seed money from BlackRock Financial Management, a provider of investment products, amounted to $9.9 million with 198,000 shares at $50 each.
The filing also named Jane Street Capital and Virtu Financial Singapore as BTC trading counterparties. On June 9, the trust revealed that it purchased 109.9630217 BTC, 90,901 IBIT shares and wrote 856 option contracts with the proceeds from the capital raising.
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