BlackRock Files Another Bitcoin ETF That Offers Downside Protection. Here’s How

BlackRock filed with the SEC on Monday for the iShares Bitcoin Managed Protect ETF. The fund aims to give upside exposure to bitcoin with a level of downside protection. It would follow the iShares Bitcoin Trust ETF, which holds more than $65 billion in assets. This is BlackRock's third bitcoin ETF filing, after IBIT.