U.S. spot bitcoin ETFs have attracted roughly $4.06 billion in net outflows so far in June, setting up the worst month since launch. Last week alone, investors pulled about $1.79 billion from the funds.
BlackRock has launched its iShares Bitcoin Premium Income ETF, a new product aimed at investors who want bitcoin exposure plus monthly income. The fund uses a covered call strategy and is positioned as a complement to the firm’s popular IBIT trust.
