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BlackRock Files for Bitcoin ETF With Downside Protection Linked to IBIT

Crypto Daily·October 21, 2026·1 min read
BlackRock Files for Bitcoin ETF With Downside Protection Linked to IBIT

BlackRock's iShares Trust filed for PBIT, a proposed Bitcoin ETF designed to reference IBIT. The fund would use options to offer limited downside protection, according to the filing. The product aims to provide a new way for investors to gain Bitcoin exposure.

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