The iShares Bitcoin Premium Income ETF is an exchange-traded product from BlackRock that pairs bitcoin exposure with an options-based income strategy. The fund trades on Nasdaq under the ticker BITA and began trading on June 16, 2026. It holds spot bitcoin and shares of the iShares Bitcoin Trust ETF (IBIT), and it writes call options on part of its IBIT position. It pays out the option premiums to shareholders as distributions. BITA is structured as a Delaware statutory trust sponsored by iShares Delaware Trust Sponsor LLC.

Bitcoin is the original and largest cryptocurrency by market capitalization. It runs on a decentralized proof-of-work network with a fixed supply cap of 21 million coins. BITA’s strategy is built on IBIT, BlackRock’s flagship spot bitcoin ETF, whose listed options market has become one of the most actively traded in the US. Selling covered calls lets the fund collect premium income, which generally rises when bitcoin volatility is high.