BBX News: Yesterday, BlackRock's iShares Bitcoin Yield ETF ($BITA) was officially listed on NASDAQ, becoming the world's first Bitcoin yield ETF issued by a major asset management institution; MARA Holdings' on chain data on the same day showed that it purchased 1000 BTC for approximately $66.7 million through FalconX, marking the first confirmed on chain net purchase after a large-scale sale in Q1.
Core points:
——BlackRock iShares Bitcoin Yield ETF (Nasdaq: $BITA): Listed on NASDAQ on June 16th, it is the world's first Bitcoin yield ETF issued by a major asset management institution; Proactively manage covered call strategy, hold BTC and IBIT shares, and sell call options on up to 35% of IBIT positions; Target annualized returns of 15 to 25%, synchronously capturing at least 70% price increase of Bitcoin; Management fee of 0.65%, distributed monthly; SEC approved on the evening of June 15th; About two weeks ahead of similar products from Goldman Sachs.
——MARA Holdings (Nasdaq: $MARA): On June 16th, on chain data showed that 1000 BTC were purchased through FalconX for approximately $66.7 million, with an average price of approximately $66700; ⚠️ There is no official statement yet, the source is on chain tracking; On that day, the stock price rose by about 3.98% to above $14.60; Q1 sold approximately 20880 BTC for approximately $1.5 billion in debt repayment and liquidity management.
Source: bbx.com
