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BlackRock Files for 'Buffer' Bitcoin ETF as IBIT Draws $665M in a Day

Decrypt·October 20, 2026·1 min read
BlackRock Files for 'Buffer' Bitcoin ETF as IBIT Draws $665M in a Day

BlackRock filed for the iShares Bitcoin Managed Protection ETF, which uses options on its existing IBIT fund to limit losses in exchange for capping upside. The filing comes as IBIT drew $665 million in a single day, signaling strong demand for Bitcoin exposure with downside protection.

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