Key takeout
- BlackRock has expanded its suite of crypto investment products by applying for a Bitcoin Premium Revenue ETF in Delaware.
- The new ETF aims to generate income through Bitcoin-related premiums, targeting investors who focus on yields rather than pure price exposure.
BlackRock, the world’s largest asset manager, submitted today to Delaware’s Bitcoin Premium Revenue ETF. The proposed fund represents a new investment product designed to generate income through Bitcoin-related premiums.
By September 2025, the filing extended BlackRock’s Crypto extension beyond the Spot Bitcoin ETF (IBIT) to $90 billion in assets under management.
BlackRock’s Bitcoin and Ethereum ETF generated $260 million in annual revenues for less than two years since launch. Asset Managers add Bitcoin exposure to their in-house funds as the model portfolio allocates 1%-2% to crypto assets.
The premium income structure is aimed at income-centric investors seeking Bitcoin exposure with yield generation, distinguishing them from BlackRock’s existing spot Bitcoin products that directly track cryptocurrency price movements.