BlackRock BITA ETF: The Bitcoin Income Fund That Sells Your Upside
BlackRock just launched a Bitcoin ETF that pays you a fat monthly check, and the pitch is irresistible: income on an asset that has never produced any. But that "yield" is not a dividend. It is your own upside, sold off in monthly installments. Here is what BITA is really charging you, and why the boring path still wins.