BlackRock is cannibalizing Bitcoin gains for “income” in a move that could leave retail investors behind during rallies

BlackRock is moving deeper into the “Bitcoin as a portfolio sleeve” trade, this time by packaging the flagship digital asset's inherent volatility into distributable income. On Jan. 23, the $14 trillion asset management firm filed a registration statement for the iShares Bitcoin Premium Income ETF. This is a fund designed to track BTC's price (via […] The post BlackRock is cannibalizing Bitcoin gains for “income” in a move that could leave retail investors behind during rallies appeared first on CryptoSlate.