iShares Bitcoin Premium Income ETF

S-1/A amended

The iShares Bitcoin Premium Income ETF (Trust) is a Delaware statutory trust issuing shares representing fractional interests in its net assets, primarily consisting of bitcoin, IBIT shares, and cash. The Trust employs an options strategy to generate premium income while tracking bitcoin's performance. The S-1/A reflects updates including detailed Seed Capital Investor transactions, custodian arrangements, and emerging growth company status under the JOBS Act. The Trust continues to operate as a non-investment company, with BlackRock affiliates managing key roles.

S-1 filed

The iShares Bitcoin Premium Income ETF (the 'Trust') is a Delaware statutory trust issuing shares representing fractional interests in its net assets, primarily consisting of bitcoin, IBIT shares, and cash. The Trust employs an actively managed strategy of writing call options on IBIT shares and ETP Indices to generate premium income while tracking bitcoin's performance. The Trust is not an investment company under the Investment Company Act and is governed by a Trust Agreement under Delaware law. It is structured to continuously offer shares, with shares redeemable only in blocks by Authorized Participants. The Trust is an emerging growth company with reduced reporting requirements.