
BlackRock files for options-based Bitcoin ETF with capped gains and losses
BlackRock has filed for the iShares Bitcoin Managed Protection ETF, a proposed fund that would use options on its existing IBIT Bitcoin ETF to limit potential losses and cap some gains. The filing arrives as IBIT drew $665 million in one day, even while Fidelity’s FBTC and Grayscale’s GBTC saw outflows.

















