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2026-10-20 00:47:15 UTC

BitcoinNews on Nostr: 🇺🇸 BLACKROCK FILES FOR A BITCOIN ETF THAT LIMITS LOSSES, BUILT ON ITS $65 ...

🇺🇸 BLACKROCK FILES FOR A BITCOIN ETF THAT LIMITS LOSSES, BUILT ON ITS $65 BILLION IBIT

The proposed iShares Bitcoin Managed Protection ETF (PBIT) would use options on IBIT to cap each tranche's maximum loss at roughly 10% before fees, in exchange for capping how much of bitcoin's upside holders keep.

Fees and cap levels are still blank in the filing.

It's built for the cautious advisers and retirement money that have stayed away from bitcoin because of the swings.