BlackRock files bitcoin ETF with downside protection tied to IBIT
BlackRock is expanding its digital-asset ETF lineup with a new product designed to balance bitcoin-linked gains with a measure of capital protection. The filing adds to the asset manager's push around crypto investment vehicles as its iShares Bitcoin Trust remains the largest spot bitcoin fund by assets.
Highlights
- BlackRock filed with the SEC for the iShares Bitcoin Managed Protect ETF, offering capped upside exposure to IBIT and introducing downside protection.
- IBIT, BlackRock’s flagship Bitcoin ETF launched in January 2024, has surpassed $65 billion in assets under management, the largest in its class.
- BlackRock’s crypto ETF lineup remains focused on Bitcoin and Ethereum, while competitors expand into funds linked to XRP, SOL, and DOGE.
Filing outlines capped upside strategy
As reported by The Block, citing BlackRock's filing with the Securities and Exchange Commission, the proposed iShares Bitcoin Managed Protect ETF seeks to provide upside exposure to the iShares Bitcoin Trust ETF, or similar bitcoin exposure, up to an approximate limit while also seeking to provide a level of downside protection.The new fund follows BlackRock's flagship iShares Bitcoin Trust, known by its ticker IBIT. BlackRock says the vehicle is part of its broader bitcoin ETF range, and the firm already launched the iShares Bitcoin Premium Income ETF in June to offer bitcoin exposure alongside monthly option premium income.
IBIT, which launched in January 2024, now holds more than $65 billion in assets under management, making it the largest fund of its kind, according to The Block's bitcoin ETF tracker.
Crypto ETF competition broadens
BlackRock remains focused on bitcoin and Ethereum products even as other issuers have expanded into exchange-traded funds linked to assets such as XRP, SOL and DOGE. That narrower lineup stands out in a market where product innovation increasingly centers on offering more targeted or structured crypto exposure.Bloomberg Intelligence analyst James Seyffart said in a post on X that this marks BlackRock's third bitcoin ETF filing. His comments highlight that, despite BlackRock's scale in digital-asset investing, the firm is still limiting its crypto ETF suite to the two largest tokens by market value.
In our earlier article on India’s disinvestment drive, we explained that the Centre has raised most proceeds since FY2016 through market-linked routes such as ETFs, public issues and buybacks, while strategic sales contributed only a small share. The piece also highlighted how the prospective IDBI Bank stake sale stands out in size and could meaningfully improve the government’s ability to meet its annual disinvestment target.
Latest Blackstone Group News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
