BlackRock proposes iShares Bitcoin fund with capped upside gains

Community Trust Score Verified 87 % Real Verified 46 votes Updated 5 hours ago BlackRock has submitted a formal filing to the U.S. Securities and Exchange Commission (SEC) regarding a new exchange-traded fund (ETF) titled the iShares Bitcoin Managed Protection ETF. Within this proposal, the firm outlines a specific structure that is intended to provide investors with a risk profile that is distinct from the profile found in the firm’s existing spot Bitcoin products.