BlackRock’s Bitcoin Yield Strategy: Institutional Validation of Crypto Income Products
In a significant development for cryptocurrency markets, BlackRock has filed for a Bitcoin Yield ETF following the remarkable success of its $87 billion IBIT fund. This strategic move represents institutional recognition of Bitcoin's maturity as an asset class and demonstrates how traditional finance is innovating within the crypto space. The new iShares Bitcoin Premium Income ETF will employ covered-call strategies on Bitcoin futures to generate investor income, marking a sophisticated approach to yield generation in digital assets. This development signals growing institutional confidence in Bitcoin's long-term viability and creates new pathways for investors to participate in cryptocurrency markets while managing risk exposure. The timing of this filing, coming after IBIT's massive success, suggests BlackRock sees sustained demand for regulated Bitcoin investment products and believes the market is ready for more complex crypto financial instruments. This move could potentially open doors for other major asset managers to develop similar yield-generating crypto products, further bridging the gap between traditional finance and digital assets. The covered-call strategy, while sacrificing some upside potential, provides a conservative approach to Bitcoin investment that may appeal to risk-averse institutional investors who have been hesitant to enter the crypto space. As we move through 2025, this development represents another milestone in Bitcoin's journey toward mainstream financial acceptance and could significantly impact how both retail and institutional investors approach cryptocurrency allocations in their portfolios.
BlackRock Files for Bitcoin Yield ETF Following IBIT Success
BlackRock is doubling down on cryptocurrency with a new yield-generating Bitcoin ETF. The asset management giant filed paperwork to establish a Delaware trust for its iShares Bitcoin Premium Income ETF—a strategic sequel to its $87 billion IBIT fund. This covered-call product will sell options on Bitcoin futures to create investor income, sacrificing some upside potential for yield.
The move signals institutional recognition of Bitcoin as a yield-bearing asset class. Eric Balchunas of Bloomberg Intelligence notes the fund’s structure mirrors traditional covered-call equity strategies, now adapted for crypto. BlackRock’s continued ETF innovation reflects growing demand for sophisticated digital asset exposure.
Corporate Clients Hold Up to 15% of Assets on Mercado Bitcoin, Exchange Exec Says
Corporate clients, primarily small and medium enterprises, now account for 10% to 15% of all assets under custody at Mercado Bitcoin, Brazil's largest cryptocurrency exchange. Daniel Cunha, the firm's head of corporate development, revealed these holdings are largely static—companies rarely MOVE more than 10% of their positions. "They're here to hold, not trade," Cunha emphasized during an interview at the DAC 2025 conference.
The trend reflects growing corporate use of bitcoin as a hedge against global volatility. Inflation fears, currency devaluation, and geopolitical instability are driving adoption. MicroStrategy's landmark BTC treasury strategy has paved the way, with the firm now holding 639,835 BTC—the largest corporate position globally. Public companies collectively custody over 1 million BTC, though SME holdings remain unquantified.
Brazil ranks fifth in Chainalysis' Global crypto Adoption Index, yet only one publicly-traded firm, Méliuz, currently holds BTC. OranjeBTC's impending B3 exchange listing will soon shift this landscape, positioning it as the country's largest corporate BTC holder with $400 million in treasury reserves.
Novogratz Warns Trump's Dovish Fed Pick Could Propel Bitcoin to $200K at U.S. Economy's Cost
Galaxy Digital CEO Mike Novogratz posits that a Trump-appointed Federal Reserve chair favoring aggressive rate cuts could ignite Bitcoin's rally to $200,000—a scenario he calls the "biggest bull catalyst" for the cryptocurrency. Such monetary policy WOULD likely weaken the dollar, triggering capital flight into hard assets.
The veteran investor cautioned this outcome would come at America's expense, jeopardizing Fed independence and potentially creating a currency crisis. "I kind of loves America," Novogratz remarked, underscoring his conflicted stance on the trade-off between Bitcoin gains and economic stability.
Market participants are scrutinizing Trump's Fed shortlist for signs of ultra-loose policy preferences. Novogratz predicts a "blow-off top" moment for Bitcoin if the central bank cuts rates prematurely under political pressure, with parallel rallies in Gold signaling systemic distrust in fiat currencies.
Bitcoin Hits 4-Week Low as Market Shows Signs of Exhaustion
Bitcoin has slumped to a four-week low, breaching the $109,000 support level as on-chain analytics firm Glassnode flags potential market fatigue. The drop follows months of sustained bullish momentum, with long-term holders now locking in profits at levels historically associated with cycle tops.
The Federal Reserve's recent rate cut failed to ignite risk appetite, leaving BTC vulnerable to further downside. Analysts note the $112,000 support zone has given way, with the next critical test at September's $107,500 low. "Markets positioned for a Q4 rally may face disappointment," warns 10x Research's Markus Thielen.
Glassnode data reveals $3.4 million in realized BTC profits by long-term holders - a classic warning sign when veteran investors reduce exposure. The cooling comes alongside slowing ETF inflows, suggesting institutional momentum may be waning after this year's record-breaking rally.
Bitcoin News: Regulatory and Market Pressures Mount for Digital Asset Treasuries
Digital asset treasury (DAT) companies are facing a dual crisis as regulatory scrutiny intensifies and share prices plummet toward Private Investment in Public Equity (PIPE) funding levels. The Wall Street Journal reported on September 25 that U.S. prosecutors are investigating stock movements preceding crypto acquisition announcements, adding another LAYER of risk to an already fragile sector.
The Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority have contacted over 200 firms that announced crypto-treasury strategies this year. SEC officials have warned these companies about potential breaches of rules prohibiting selective disclosure of material nonpublic information before crypto acquisitions.
This regulatory probe coincides with severe market downturns across the sector. A September 25 CryptoQuant report revealed devastating performance among Bitcoin treasury companies that raised capital through PIPE programs, with share prices experiencing significant drawdowns.
Indian Businessman Raj Kundra Charged in 285 Bitcoin Money Laundering Case
India’s Enforcement Directorate has filed a charge sheet against businessman Raj Kundra, alleging he laundered 285 Bitcoins worth ₹150 crore ($31 million) linked to the late crypto scam mastermind Amit Bhardwaj. The funds reportedly originated from GainBitcoin, a Ponzi scheme that defrauded 8,000 investors of 80,000 Bitcoins between 2015 and 2018.
Investigators claim Kundra concealed evidence, retained illicit crypto from a failed Ukrainian mining venture, and disguised transactions through below-market deals with his wife, actor Shilpa Shetty. The agency accuses him of layering criminal proceeds to project legitimacy while frustrating legal proceedings.
