According to Eric Balchunas, BlackRock has registered the name iShares Bitcoin Premium ETF and he said a filing is coming soon (source: Eric Balchunas on X, Sep 25, 2025). Balchunas added it will be a covered-call bitcoin strategy designed to give BTC some yield and that it will be a 1933 Act spot product positioned as a sequel to the $87B IBIT, a detail relevant for traders assessing income-focused spot BTC exposure and scale comparisons (source: Eric Balchunas on X, Sep 25, 2025).

According to @ai_9684xtpa, the two-month annualized yield is estimated at about 32% calculated at a current price of $0.5369, source: @ai_9684xtpa. Deposits are flexible with instant access, but withdrawing will reduce the airdrop amount, source: @ai_9684xtpa. The APY is an estimate tied to the $0.5369 reference price, so changes in price would change the annualized outcome, source: @ai_9684xtpa.