Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Bloomberg ETF analyst Eric Balchunas posted on X platform that Nasdaq has confirmed that the BlackRock iShares Bitcoin Premium Yield ETF (ticker: BITA) will be listed on June 16th (Tuesday) local time.
The ETF aims for an annualized return of 15-25%, while allowing investors to gain at least 70% of Bitcoin's upside.
Simple explanation of BlackRock Bitcoin Premium Yield ETF (BITA):
BITA is like you bought a basket of Bitcoin, but want it to "generate interest" monthly.
It mainly holds Bitcoin (through BlackRock's own spot Bitcoin ETF), while selling a portion of Bitcoin and writing covered call options.
When selling options, others pay you a premium immediately (like rent).
If Bitcoin's price doesn't rise much, this money goes to the fund, which then distributes these earnings to investors monthly.
This is the source of its targeted annual return of 15-25%.
The fund only sells part of the upside potential, so it can still capture most of Bitcoin's gains (target at least 70%).
Simply put: BITA = Bitcoin price exposure + selling options to earn rent.
The benefit is monthly income; the downside is that if Bitcoin crashes, you still lose money, and if it surges, you earn a bit less.
It turns pure speculative Bitcoin into a "laying hen" that can generate steady cash flow.