BlackRock Files for Bitcoin Fund with Downside Protection and Capped Gains

BlackRock has filed with the U.S. Securities and Exchange Commission to launch the iShares Bitcoin Managed Protect ETF, which aims to limit losses and cap gains. According to Nate Geraci, the company has added new Bitcoin and Ethereum funds, while it remains absent from spot funds for Solana and XRP.

AI-written summary of 2 sources; every verified point is backed by a verbatim quote. How Iyan works

• BlackRock submitted the application to the U.S. Securities and Exchange Commission on October 19, and the proposed fund carries the ticker PBIT.

  «BlackRock filed with the SEC on Oct. 19 for the iShares Bitcoin Managed Protect ETF, proposed under the ticker PBIT»

  BigGo Finance
• The fund is actively managed and aims to limit losses while capping gains.

  «الصندوق مُدار بشكل نشط ويهدف إلى تحديد الخسائر مع تقييد المكاسب.»

  BigGo Finance
• The company also added new Bitcoin and Ethereum funds.

  «وأضافت صناديق جديدة لبيتكوين وإيثريوم.»

  tradersunion
• According to Nate Geraci, BlackRock remains absent from spot funds for Solana, XRP, and HYPE.

  «وبحسب نيت جيراتشي، لا تزال الشركة غائبة عن الصناديق الفورية لسولانا وXRP وHYPE.»

  tradersunion

Iyan — See it for yourself. What changed in your world today, why it matters, and how we know.
How it works • Privacy • Terms