📅 17.06.2026 · What's the Catch in BlackRock's New Bitcoin Yield ETF · 👁️ 4
"They're targeting a 15% yield per year, which is an exceptional number with a slightly capped upside in Bitcoin. This is the way that a lot of people hedge or will be looking to invest."
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Iniciar sesión…So in this case they're basically going to sell calls against their own ETF. So if IBIT goes up, you get that benefit, but your upside is capped. They're targeting about 75% because those calls will will lose money. But obviously if Bitcoin goes down or stayed sideways stayed sideways, you can earn a yield. They're targeting a 15% yield per year, which is an exceptional number with a slightly capped upside in Bitcoin. This is the way that a lot of people hedge or will be looking to invest. Well, I mean let's be frank, right? They're paying a yield on Bitcoin, but they're doing it in a way that steals your own upside. So I'm not sure many individuals would want to do that. It's like having a friend who buys you lunch with money that he stole from your wallet.…