Storyline
BlackRock crypto product expansion
BlackRock is steadily expanding its crypto product suite — from spot ETFs and covered-call funds to derivatives capacity and DeFi integrations — targeting institutional dominance in digital assets.
Timeline
- Thu, Jul 23Latest
BlackRock Targets $500 Million in Digital Assets Revenue by 2030
BlackRock set an internal target of $500 million in digital assets revenue by 2030, per reporting on the firm's plans, encompassing its RWA tokenization and institutional crypto product build-out.
- Thu, Jul 16
IBIT Options Cap Quadruples
The SEC approved an increase in the options contract limit for BlackRock's IBIT Bitcoin ETF, with the cap quadrupling from its prior level. The regulatory approval expands the total notional capacity available to institutional and retail participants using IBIT options.
- Tue, Jun 16
BlackRock Bitcoin Income ETF Now Trading
BlackRock's Bitcoin Premium Income ETF, ticker BITA, began trading on June 16. The product targets a 15–25% yield and expands BlackRock's Bitcoin ETF suite beyond its existing IBIT spot product. The launch was separately covered by multiple outlets confirming the same trading start date.
- Thu, Jun 11
BlackRock, Fidelity Lead $500M BTC Inflows
BlackRock and Fidelity captured $500 million in Bitcoin ETF inflows, consolidating their position as the two dominant firms in the BTC ETF market. BlackRock filed a revised Bitcoin Premium Income ETF with a fee set at 65 basis points, with a final amendment filed as competition with Goldman Sachs intensifies. A new hedged Bitcoin ETF was also filed by Hedgeye, and an NYSE ETF rule filing (SR-NYSEARCA-2026-65) was submitted, further expanding the institutional Bitcoin product pipeline.