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BlackRock Bitcoin Strategy ETF ticker symbol is BITA

2 hours ago

On April 1st, Bloomberg ETF analyst Eric Balchunas reported that BlackRock plans to launch the iShares Bitcoin Premium ETF, with the ticker BITA. The highly anticipated follow-up to BlackRock’s spot Bitcoin ETF IBIT has not yet disclosed its management fee, but the fee is expected to be 38 basis points. As previously reported, the iShares Bitcoin Premium ETF uses a covered call options strategy. Unlike traditional spot ETFs that passively track Bitcoin’s price, this fund will hold Bitcoin, earn premiums by selling covered call options, and pass those proceeds along to investors—converting Bitcoin’s volatility into returns.
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OpenEden Launches Global Short-Term High-Yield Bond Fund Tokenization Product HYBOND

On April 1, RWA tokenization platform OpenEden announced a partnership with BNY Investments— a subsidiary of The Bank of New York Mellon (BNY Mellon)— to launch HYBOND, a tokenized global short-term high-yield bond fund product. The product is tied to BNY Investments’ global short-term high-yield bond strategy, initially targeting select institutional clients. OpenEden plans to fully open HYBOND to all institutional investors by the end of April 2026, and the product is currently deployed on the Ethereum network.

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Fintech Slang: Finnick Blockchain Slang: Nakamoto's Cat

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Neutron announces NTRN Redemption is now live, deposit window open until April 30th

On April 1, Cosmos ecosystem project Neutron announced the launch of NTRN redemptions, allowing holders to permanently burn their NTRN in exchange for a pro-rata share of the USDC pool. The NTRN deposit window runs from April 1 to April 30, USDC redemption requests open May 1 and close June 30. Foundation-held NTRN (estimated at ~32.4 million tokens) will not participate in redemptions and will be burned. In prior news, Neutron said it will transition to long-term maintenance mode. Its DEX and Supervault will enter withdrawal-only mode no later than April 17. Hadron Labs will take over network maintenance through June 30, 2026, after which manual withdrawal instructions will be released. Governance will shift from a custom system to the standard Cosmos staking model, inflation will be dynamically adjusted, and the validator set will be reduced.

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Trump Reiterates Call for Iran Ceasefire, Conditionally Backs Strait of Hormuz Passage

April 1st Former President Donald Trump announced on Truth Social that: "Iran’s new president—far less radical and smarter than his predecessors—has just asked the U.S. for a ceasefire! We’ll consider it only once the Strait of Hormuz is open and unimpeded. Until then, we’ll bomb Iran to smithereens—or, as they say, send them back to the Stone Age!!!"

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Coinbase to List CHECK and SIGN for Spot Trading

On April 1, Coinbase announced it will list Checkmate (CHECK) and Sign (SIGN) for spot trading on April 2. For users in supported trading regions, the CHECK-USD and SIGN-USD trading pairs will go live at 9:00 AM Pacific Time (PT) or later, provided liquidity conditions are met.

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Analysis: ADP data will make the Fed more inclined to hold rates steady or raise them, easing pressure on the employment target

On April 1, an analyst at U.S. financial site InvestingLive commented on the latest ADP employment data, noting the following key points: After a period of weakness, ADP figures have posted decent results for two straight months. The 62,000 new jobs added—while not robust—has eased pressure on the Federal Reserve’s employment mandate, making policymakers more likely to hold rates steady or consider a rate hike. Small business job growth also improved. The report’s drawbacks, however, stand out: 58,000 of the 62,000 new positions came from education and healthcare services. Construction added 30,000 jobs, but trade/transportation/utilities cut 58,000 roles, and manufacturing shed 11,000 positions.

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