BlackRock's filing, submitted to the SEC on Monday, targets the iShares Bitcoin Trust ETF (IBIT), the firm's previously launched bitcoin product. The new fund is designed to cap upside exposure to IBIT or similar bitcoin exposure at an approximate limit, while providing a defined level of downside protection, according to language quoted in the filing. The structure positions the proposed ETF as a buffered bitcoin investment option, distinct from BlackRock's existing spot bitcoin fund.

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Thread · 1 event
  1. First reportBlackRock files for a buffered Bitcoin ETF under ticker PBIT18 acc.
  2. Leviathan published this article

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Cited posts

  • @JSeyff James SeyffartFirst reportOn X ↗

    BREAKING🚨 @BlackRock just filed for another Bitcoin ETF. This one will be a "buffer" Bitcoin ETF which will means it will offer downside protection but investors will give up some upside to get that protection. Ticker will be $PBIT.

  • @coinacademy_fr Coin AcademyOn X ↗

    🚨 BlackRock dépose un nouveau dossier pour un ETF Bitcoin « buffer », sous le ticker $PBIT. Le produit offrirait une protection contre la baisse en échange d’une limitation du potentiel de hausse.

  • @coinbureau Coin BureauOn X ↗

    🚨HUGE: BlackRock officially files for a Bitcoin ETF designed to LIMIT losses. The iShares Bitcoin Managed Protection ETF would offer upside on its $65 BILLION IBIT up to a cap while seeking "a level of downside protection," per its SEC filing. IBIT and BITA, BlackRock's…

Show 3 more cited posts
  • @blocknewsdotcom BlockNewsOn X ↗

    🚨 JUST IN: BlackRock files with the SEC to launch the iShares Bitcoin Managed Protection ETF, designed to offer investors Bitcoin exposure with downside protection. The proposed fund would track BlackRock’s existing Bitcoin ETF $IBIT or similar exposure, offering potential…

  • @thepowerfulHRV Mark HarveyOn X ↗

    Breaking: BlackRock files for iShares Bitcoin Managed Protection ETF ($PBIT) The fund seeks upside exposure to the iShares Bitcoin Trust ETF ($IBIT) and/or similar bitcoin exposure, while providing a some downside protection.

  • @WOLF_Terminal WOLF TerminalOn X ↗

    🚨 JUST IN: BLACKROCK FILES FOR ANOTHER BITCOIN ETF-- TICKER SYMBOL $PBIT IT WILL BE A "BUFFER" BTC ETF MEANING: YOU GIVE UP SOME UPSIDE GAINS OPPORTUNITY, BUT YOU GET THE DOWNSIDE PROTECTION

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