BlackRock

Bitcoin ETF

Bitcoin

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 <h3 id="summary">Summary</h3>
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     <li>BlackRock has filed for a Bitcoin Managed Protect ETF designed to offer downside protection while limiting potential investor gains.</li>
     <li>Its flagship IBIT fund manages over $65 billion, while another Bitcoin ETF offers investors monthly income through options premiums.</li>
     <li>Bloomberg analyst James Seyffart highlights BlackRock’s Bitcoin and Ethereum strategy as competing issuers expand into XRP, Solana, and Dogecoin.</li>
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 <p>BlackRock has applied to launch a Bitcoin exchange-traded fund offering downside protection alongside limited exposure to potential price gains. <a href="https://www.sec.gov/Archives/edgar/data/1100663/000119312526425335/d144515d485apos.htm#xx_6e727824-9d2c-4f4f-959a-4adb9c9c68f4_1" rel="noopener noreferrer nofollow">According to its latest filing with the SEC</a>, BlackRock plans to introduce the iShares Bitcoin Managed Protect ETF, offering exposure to IBIT or similar Bitcoin investments.</p><br>
 <p>Unlike traditional spot <a href="https://36crypto.com/bitcoin-etfs-lose-147-million-as-two-day-withdrawal-streak-deepens/" rel="noopener noreferrer nofollow">Bitcoin ETFs</a>, the proposed fund seeks to limit losses while capping potential returns, although exact protection levels remain unspecified. These conditions would determine the fund’s performance during Bitcoin price declines and rallies.</p><br>
 <p><strong>Also Read: </strong><a href="https://36crypto.com/visa-partners-with-mesh-to-enable-crypto-payments-across-175-million-merchants/" rel="noopener noreferrer nofollow">Visa Partners With Mesh to Enable Crypto Payments Across 175 Million Merchants</a></p><br>
 <h2 id="blackrock-expands-its-bitcoin-etf-product-lineup">BlackRock Expands Its Bitcoin ETF Product Lineup</h2>
 <p>BlackRock’s application adds another investment approach to its existing Bitcoin products, which already offer direct exposure and options income. The company launched its flagship iShares Bitcoin Trust in January 2024, establishing a major presence in the spot ETF market.</p><br>
 <p>IBIT holds more than $65 billion in assets under management, making it the largest fund in its category. In June, BlackRock introduced the iShares <a href="https://36crypto.com/blackrock-moves-closer-to-launch-with-fourth-bitcoin-income-etf-filing/" rel="noopener noreferrer nofollow">Bitcoin Premium Income ETF</a>, designed to generate monthly income through options premiums.</p><br>
 <p>That strategy differs from the Managed Protect proposal, which prioritizes downside protection while retaining some potential gains. Both products offer alternatives to holding a conventional spot Bitcoin fund, although their objectives and potential outcomes differ.</p><br>
 <h2 id="blackrock-maintains-bitcoin-and-ethereum-strategy-amid-wider-etf-expansion">BlackRock Maintains Bitcoin and Ethereum Strategy Amid Wider ETF Expansion</h2>
 <p>According to Bloomberg Intelligence analyst James Seyffart, the Managed Protect <a href="https://x.com/JSeyff/status/2112293043831484902" rel="noopener noreferrer nofollow">proposal</a> represents BlackRock’s third Bitcoin ETF filing. Seyffart noted that BlackRock still offers cryptocurrency products covering only Bitcoin and Ethereum despite broader market expansion.</p><br>
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   <p>Notably, this is the third Bitcoin ETF filing from them. Still only have Bitcoin and Ethereum products — no other cryptos. Also, this product will hold <a href="https://x.com/search?q=%24IBIT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$IBIT</a> as the underlying asset and will write/buy options around it to generate the defined outcomes. It will be a 40 Act fund.</p><br>
   <p>— James Seyffart (@JSeyff) <a href="https://x.com/JSeyff/status/2112293043831484902?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 19, 2026</a></p><br>
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 <p>Other issuers have launched ETFs linked to XRP, Solana, and Dogecoin, widening the range of digital assets available through funds. BlackRock has instead expanded the investment strategies available within its established cryptocurrency product categories. The filing highlights BlackRock’s efforts to offer different Bitcoin investment structures without adding another cryptocurrency to its lineup.</p><br>
 <p><strong>Also Read: </strong><a href="https://36crypto.com/south-korea-blocks-27-crypto-exchange-websites-including-kucoin-mexc-and-bingx/" rel="noopener noreferrer nofollow">South Korea Blocks 27 Crypto Exchange Websites, Including KuCoin, MEXC and BingX</a></p><br>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://36crypto.com/blackrock-seeks-sec-approval-for-bitcoin-etf-with-downside-protection/">BlackRock Seeks SEC Approval for Bitcoin ETF With Downside Protection</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://36crypto.com">36Crypto</a>.</p>

BlackRock Seeks SEC Approval for Bitcoin ETF With Downside Protection

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