Bloomberg Analyst: BlackRock’s Bitcoin Income ETF (BITA) Has Officially Taken Effect and Is Expected to Launch Trading This Week

TechFlow reports that on June 15, according to Eric Balchunas, Senior ETF Analyst at Bloomberg, BlackRock’s iShares Bitcoin Yield ETF (BITA) officially launched last Friday afternoon and is expected to begin trading around Thursday this week, though the exact timing may shift by one day earlier or later. He noted that BITA is viewed as a highly anticipated follow-up product to IBIT, which has already become the fastest-growing ETF in history by assets under management.