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BlackRock filed a new Bitcoin fund. Upside capped. Downside floored at 10%.
Today's key developments:
• BlackRock filed for a new Bitcoin fund that caps gains to hold starting losses to about 10% using options on IBIT.
• French lawmakers voted to tax crypto to stablecoin swaps at 31% starting in January 2027, ending a deferral for compliant stablecoins.
• BlackRock IBIT drew about $665M in a day, the biggest haul since last October, while Bitcoin sat near $81k.
📰 Read the full Daily Pulse:
https://pulse.tokenmetrics.com/p/blackrock-filed-a-bitcoin-fund-that-limits-losses-oct-20-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast🔔 Subscribe for daily crypto market updates!
⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research.
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