iShares Bitcoin ETF: Files New BITA Amendment
iShares Bitcoin Premium ETF $BITA files another amendment with no fee disclosed as BlackRock targets launch ahead of Goldman Sachs Bitcoin ETF.
SourceAnalysis
BlackRock filed another amendment to the iShares Bitcoin Premium ETF $BITA, leaving the fee structure blank while continuing to refine the filing in an apparent sprint to market before Goldman Sachs launches its competing Bitcoin ETF in roughly six weeks.
BTC trades at $73419.27 inside the Bollinger Bands with upper resistance at $76502.54; the neutral RSI at 35.84 combined with the MACD golden cross suggests price may first retest the EMA50 support at $75477.48 before any continuation higher.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.
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