BlackRock Files for Bitcoin ETF With Downside Buffer and Capped Upside

A new filing with the SEC shows BlackRock wants to release an exchange-traded fund that offers downside protection but also caps gains. This post first appeared on and is written by Mathew Di Salvo .

Key takeaways

• BlackRock files for bitcoin ETF offering downside protection and upside exposure to IBIT
• BlackRock Files for 'Buffer' Bitcoin ETF as IBIT Draws $665M in a Day
• BlackRock Files Its Third Bitcoin ETF, A 'Buffer' Fund That Targets Investors Seeking Downside Protection
• One of the world's largest investment managers, BlackRock has filed for another bitcoin fund, marking its third tied to the asset.
• The iShares Bitcoin Managed Protection ETF would use options on IBIT to limit losses, in exchange for giving up some upside.

This is a summary of headlines and excerpts published by the outlets listed. Read the original coverage for full details.