Blackrock Targets Bitcoin Yield With 0.65% Fee Covered-Call ETF

Crypto Insight Summary: **Blackrock has filed another amendment for its Ishares [Bitcoin](https://www.binance.com/en/price/bitcoin) Premium Income ETF, revealing a 0.65% sponsor fee. The proposed fund would use covered call strategies on IBIT shares and related ETP indexes to generate income for investors.** [Add us on Google](https://www.google.com/preferences/source?q=https%3A%2F%2Fnews.bitcoin.com%2F) WRITTEN BY [Emmanuel Musa](https://news.bitcoin.com/author/emmanuel/) SHARE Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Blackrock's ETF filing signals growing institutional interest in BTC yield products.