On October 19, 2026, BlackRock filed with the U.S. Securities and Exchange Commission for the iShares Bitcoin Managed Protection ETF, designed to offer upside exposure to its flagship iShares Bitcoin Trust ETF (IBIT) alongside downside loss protection. The filing marks BlackRock's third Bitcoin ETF, expanding a crypto lineup that includes IBIT—the market leader with over $65 billion in assets—and the iShares Bitcoin Premium Income ETF (BITA).
Filing for the Managed Protection ETF
- ▪The proposed iShares Bitcoin Managed Protection ETF will sit directly on top of the iShares Bitcoin Trust ETF (IBIT) rather than holding Bitcoin through a separate entity structure
- ▪The iShares Bitcoin Managed Protection ETF must receive approval from the U.S. Securities and Exchange Commission before it can begin trading
- ▪On October 19, 2026, BlackRock filed with the U.S. Securities and Exchange Commission for the iShares Bitcoin Managed Protection ETF to provide upside exposure to IBIT up to an approximate limit while offering downside loss protection
- ▪As of October 19, 2026, BlackRock has not publicly disclosed a ticker symbol, fee structure, downside protection mechanics, or launch timeline for the iShares Bitcoin Managed Protection ETF
Analyst commentary on BlackRock's crypto lineup
- ▪Bloomberg Intelligence analyst James Seyffart noted on October 19, 2026, that BlackRock's crypto ETF lineup remains restricted to Bitcoin and Ethereum products, unlike competitors offering ETFs for assets such as XRP, SOL, and DOGE
- ▪Bloomberg Intelligence analyst James Seyffart noted on October 19, 2026, that the iShares Bitcoin Managed Protection ETF represents BlackRock's third Bitcoin ETF filing
BlackRock's existing Bitcoin ETFs
- ▪In June 2026, BlackRock launched the iShares Bitcoin Premium Income ETF (BITA), which generates monthly yield by selling covered call options on the iShares Bitcoin Trust ETF (IBIT)
- ▪BlackRock launched its flagship iShares Bitcoin Trust ETF (IBIT) in January 2024 as one of the first spot Bitcoin exchange-traded products in the United States
- ▪BlackRock's iShares Bitcoin Trust (IBIT) holds over $65 billion in assets under management, establishing it as the largest spot Bitcoin exchange-traded fund
Story comments
Loading comments…