🚨 BlackRock's NEW Bitcoin Strategy
BlackRock filed for $PBIT - A Bitcoin ETF that protects you from 10% loss.
How it works:
→ No direct BTC holding
→ Uses IBIT options + cash
→ 3 monthly tranches
→ If BTC dumps, your loss is limited to ∼10% per tranche
→ But your profit is also capped
Smart move for institutions who want BTC exposure with less fear.
BlackRock now has 3 Bitcoin ETFs. But still 0 for Solana, XRP.
Would you pick protection over full gains?
#BTC #BlackRock #PBIT #Crypto
BlackRock filed for $PBIT - A Bitcoin ETF that protects you from 10% loss.
How it works:
→ No direct BTC holding
→ Uses IBIT options + cash
→ 3 monthly tranches
→ If BTC dumps, your loss is limited to ∼10% per tranche
→ But your profit is also capped
Smart move for institutions who want BTC exposure with less fear.
BlackRock now has 3 Bitcoin ETFs. But still 0 for Solana, XRP.
Would you pick protection over full gains?
#BTC #BlackRock #PBIT #Crypto