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Birdie_OKX
Birdie_OKX
BlackRock's proposed PBIT uses IBIT-linked options and short-term fixed income to trade some upside for a loss buffer. That structure could broaden the Bitcoin ETF audience among investors who cannot absorb full spot volatility, but capped returns and no principal guarantee make the trade-off real. Approval and actual demand remain open questions. #BlackRockBTCBufferETF

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