Have you ever wondered how traditional finance is adapting to the digital age? Enter BlackRock’s audacious BTC Premium Income ETF, a breakthrough that could redefine the way institutional investors engage with cryptocurrency. This Delaware-registered fund is not just another entry in the world of ETFs; it embodies an innovative approach aimed at generating income through Bitcoin, which, in turn, signifies the growing integration of digital assets into standard investment portfolios.
The interest from institutional entities in Bitcoin has reached an unprecedented level. BlackRock’s strategic maneuvering into this uncharted territory reveals a significant cultural shift toward embracing digital currency in familiar investment frameworks. By incorporating advanced strategies—including covered call options—the BTC Premium Income ETF promises to generate income that surpasses mere capital appreciation.
Why Delaware, you ask? This state is revered for its welcoming regulatory environment and favorable taxation policies, making it an ideal launching pad for ETF registrations. By harnessing Delaware’s regulatory clarity, BlackRock intends to streamline the investment experience for users, fostering greater engagement with cryptocurrency markets.
Choosing Delaware encapsulates a larger movement among traditional financial institutions that are quickly adapting to the digital asset revolution. Its flexible regulatory landscape is luring institutional capital, a necessary ingredient in cementing Bitcoin’s legitimacy as an asset class worthy of investment.
BlackRock’s deepening involvement with Bitcoin marks a pivotal moment in how cryptocurrencies are viewed within mainstream finance. The launch of the BTC Premium Income ETF offers a regulated path for investors looking to dip their toes into Bitcoin while also mitigating the risks typically associated with its notorious volatility.
Such a transformation is crucial, especially given the unpredictable nature of Bitcoin’s market. The negative perceptions surrounding cryptocurrencies are starting to fade, particularly as institutions recognize their potential as dynamic diversifiers and sources of income. BlackRock’s recent endeavors with Bitcoin and Ethereum ETFs have established new industry standards, underscoring the mounting demand for regulated digital investment options and signaling a growing institutional appetite for crypto assets.
What makes the BTC Premium Income ETF stand out? Unlike traditional ETFs that focus exclusively on capital gains, this progressive fund seeks to deliver steady income. By implementing techniques like covered calls, this ETF can generate cash flow even when market momentum stagnates, further appealing to income-driven institutional investors.
Key attributes include:
While BlackRock’s ETF registration embodies significant progress, it’s essential to recognize potential hurdles. The path to SEC approval for new crypto ETFs can be labyrinthine, requiring careful navigation through regulatory complexities to ensure a successful launch. Additionally, Bitcoin’s market volatility poses challenges that could hinder the success of income-generation strategies, necessitating robust risk management measures.
Still, BlackRock’s established rapport with regulators and its history of success in the ETF realm could provide it with an edge in tackling these complexities. As regulatory attitudes shift to favor digital assets, a plethora of innovative products could soon emerge, widening the scope for attracting institutional investments.
In summary, BlackRock’s introduction of the BTC Premium Income ETF represents a transformative chapter in the narrative of cryptocurrency investment. This initiative not only solidifies institutional confidence in Bitcoin but also exemplifies a commitment to innovation in asset management. As we witness the evolution of regulatory frameworks, we can expect an influx of groundbreaking financial products that seamlessly blend traditional finance with the disruptive energy of digital assets.
The ongoing evolution of the cryptocurrency landscape, fueled by initiatives like BlackRock’s, speaks to an electrifying future where Bitcoin and similar assets can become fundamental components in diverse investment portfolios. Investors—from institutions to individuals—will be primed to harness the vast opportunities presented by digital assets as they traverse this evolving terrain.
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The SEC's ETF expansion is reshaping fintech startups' approach to cryptocurrency payments, offering new opportunities and compliance challenges in the evolving market.
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Bitcoin price: Bitcoin and other cryptocurrencies saw a drop. This happened as traders waited for new economic data. Earlier in the week, there was a quick crash in the crypto market. Bitcoin is down by a certain percentage this week. Other cryptocurrencies like Ether and Solana also declined. Investors are closely watching the Federal Reserve’s inflation report.
Bitcoin price
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Exclusive: Tech firm ends military unit’s access to AI and data services after Guardian reveals secret spy project
Microsoft has terminated the Israeli military’s access to technology it used to operate a powerful surveillance system that collected millions of Palestinian civilian phone calls made each day in Gaza and the West Bank, the Guardian can reveal.
Microsoft told Israeli officials late last week that Unit 8200, the military’s elite spy agency, had violated the company’s terms of service by storing the vast trove of surveillance data in its Azure cloud platform, sources familiar with the situation said.
The decision to cut off Unit 8200’s ability to use some of its technology results directly from an investigation published by the Guardian last month. It revealed how Azure was being used to store and process the trove of Palestinian communications in a mass surveillance programme.
In a joint investigation with the Israeli-Palestinian publication +972 Magazine and the Hebrew-language outlet Local Call, the Guardian revealed how Microsoft and Unit 8200 had worked together on a plan to move large volumes of sensitive intelligence material into Azure.
The project began after a meeting in 2021 between Microsoft’s chief executive, Satya Nadella, and the unit’s then commander, Yossi Sariel.
In response to the investigation, Microsoft ordered an urgent external inquiry to review its relationship with Unit 8200. Its initial findings have now led the company to cancel the unit’s access to some of its cloud storage and AI services.
Equipped with Azure’s near-limitless storage capacity and computing power, Unit 8200 had built an indiscriminate new system allowing its intelligence officers to collect, play back and analyse the content of cellular calls of an entire population.
The project was so expansive that, according to sources from Unit 8200 – which is equivalent in its remit to the US National Security Agency – a mantra emerged internally that captured its scale and ambition: “A million calls an hour.”
According to several sources, the enormous repository of intercepted calls – which amounted to as much as 8,000 terabytes of data – was held in a Microsoft datacentre in the Netherlands. Within days of the Guardian publishing the investigation, Unit 8200 appears to have swiftly moved the surveillance data out of the country.
According to sources familiar with the huge data transfer outside of the EU country, it occurred in early August. Intelligence sources said Unit 8200 planned to transfer the data to the Amazon Web Services cloud platform. Neither the Israel Defense Forces (IDF) nor Amazon responded to a request for comment.
The extraordinary decision by Microsoft to end the spy agency’s access to key technology was made amid pressure from employees and investors over its work for Israel’s military and the role its technology has played in the almost two-year offensive in Gaza.
A United Nations commission of inquiry recently concluded that Israel had committed genocide in Gaza, a charge denied by Israel but supported by many experts in international law.
The Guardian’s joint investigation prompted protests at Microsoft’s US headquarters and one of its European datacentres, as well as demands by a worker-led campaign group, No Azure for Apartheid, to end all ties to the Israeli military.
On Thursday, Microsoft’s vice-chair and president, Brad Smith, informed staff of the decision. In an email seen by the Guardian, he said the company had “ceased and disabled a set of services to a unit within the Israel ministry of defense”, including cloud storage and AI services.
Smith wrote: “We do not provide technology to facilitate mass surveillance of civilians. We have applied this principle in every country around the world, and we have insisted on it repeatedly for more than two decades.”
The decision brings to an abrupt end a three-year period in which the spy agency operated its surveillance programme using Microsoft’s technology.
Unit 8200 used its own expansive surveillance capabilities to intercept and collect the calls. The spy agency then used a customised and segregated area within the Azure platform, allowing for the data to be retained for extended periods of time and analysed using AI-driven techniques.
Although the initial focus of the surveillance system was the West Bank, where an estimated 3 million Palestinians live under Israeli military occupation, intelligence sources said the cloud-based storage platform had been used in the Gaza offensive to facilitate the preparation of deadly airstrikes.
The revelations highlighted how Israel has relied on the services and infrastructure of major US technology companies to support its bombardment of Gaza, which has killed more than 65,000 Palestinians, mostly civilians, and created a profound humanitarian and starvation crisis.
According to health officials in Gaza, at least 60,000 people have been killed during Israel’s current military campaign, launched after the Hamas-led attack on 7 October 2023 which killed nearly 1,200 people.
The actual death toll is likely to be significantly higher, as the figure only includes Palestinians killed by bombs or bullets whose bodies have been recovered, leaving out thousands trapped under the rubble or killed by starvation and other indirect victims of the campaign.
According to the data – which includes the deaths of militants – women, children, and elderly people account for approximately 55% of the recorded deaths.
According to a document seen by the Guardian, a senior Microsoft executive told Israel’s ministry of defence late last week: “While our review is ongoing, we have at this juncture identified evidence that supports elements of the Guardian’s reporting.”
The executive told Israel officials that Microsoft “is not in the business of facilitating the mass surveillance of civilians” and notified them that it would “disable” access to services that supported the Unit 8200 surveillance project and suspend its use of some AI products.
The termination is the first known case of a US technology company withdrawing services provided to the Israeli military since the beginning of its war on Gaza.
The decision has not affected Microsoft’s wider commercial relationship with the IDF, which is a longstanding client and will retain access to other services. The termination will raise questions within Israel about the policy of holding sensitive military data in a third-party cloud hosted overseas.
Last month’s revelations about Unit 8200’s use of Microsoft technology followed an earlier investigation by the Guardian and its partners into the broader relationship between the company and the Israeli military.
That story, published in January and based on leaked files, showed how the IDF’s reliance on Azure and its AI systems surged in the most intensive phase of its Gaza campaign.
After that report, Microsoft launched its first review of how the IDF uses its services. It said in May it had “found no evidence to date” the military had failed to comply with its terms of service, or used Azure and its AI technology “to target or harm people” in Gaza.
However, the Guardian investigation with +972 and Local Call published in August, which revealed the cloud-based surveillance project had been used to research and identify bombing targets in Gaza, led the company to reassess its conclusions.
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The disclosures caused alarm among senior Microsoft executives, sparking concerns that some of its Israel-based employees may not have been fully transparent about their knowledge of how Unit 8200 used Azure when questioned as part of the review.
The company said its executives, including Nadella, were not aware Unit 8200 planned to use, or ultimately used, Azure to store the content of intercepted Palestinian calls.
Microsoft then launched its second and more targeted review, which was overseen by lawyers at the US firm Covington & Burling. In his note to staff, Smith said the inquiry had not accessed any customer data but its findings were based on a review of internal Microsoft documents, emails and messages between staff.
“I want to note our appreciation for the reporting of the Guardian,” Smith wrote, noting that it had brought to light “information we could not access in light of our customer privacy commitments”. He added: “Our review is ongoing.”
Discussions around the XRP price prediction and Remittix (RTX) news have dominated the PayFi and general market headlines. Some investors are closely watching XRP price predictions in light of recent developments around Ripple.
At the same time, others cannot ignore the need to hedge their investment with Remittix, as it continues to climb the crypto rankings thanks to record-breaking numbers and optimism surrounding its upcoming exchange listings.
Ripple analysts believe the coin is at a crucial stage where a push above $2.90 could set the tone for a retest of the psychological $3 level. According to popular crypto analyst Tokenicer, Ripple’s recent growth, characterized as a “slowly, then all at once” play, is a sign that the current sideways trading could precede a major breakout.
However, for Ali Martinez, $2.80 is the most crucial support level for XRP’s price prediction. Should the altcoin slip below this, it could potentially decline to $2.70. Nevertheless, if it breaks beyond $2.90–$2.92, it could rise.
Source: @ali_charts on X
While XRP price prediction struggles against volatility, Remittix has become the go-to alternative. The PayFi project has already secured over $26.4 million in funding and sold more than 669 million RTX tokens, now priced at $0.1130 each. Optimism around Remittix is also growing fast as the team has secured its first and top-tier CEX listings on BitMart and LBank.
Additionally, the Remittix Beta Wallet is now live, offering early adopters the opportunity to experience the ecosystem’s perks. The project also completed a comprehensive audit by CertiK.
Remittix is also experiencing a surge in investment influx with its 15% USDT referral bonus program, which enables users to earn instant rewards by referring others to the presale.
Here are factors attracting investors to Remittix:
While XRP price prediction echoes uncertainty, Remittix has emerged as the best crypto to buy now. Thanks to its confirmed exchange listings, a live beta wallet, and record-breaking presale success, this PayFi star is rapidly climbing the crypto rankings.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
How far can meme coins go when they mix real mechanics with explosive narratives? This…
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This year, XRP has gone from a position of regulatory uncertainty to one of institutional and technical legitimacy. This combination of factors has led the ecosystem to have one of its busiest years, hosting events worldwide.
Since Ripple settled its battle with the SEC, XRP’s non-security status has eliminated the primary legal overhang stifling US adoption. Since then, its market performance has increased, and Ripple has found a way to capitalize on the benefits.
This year, the XRP Ledger (XRPL) calendar has been packed. Since January, the ecosystem has hosted 19 events across the globe, ranging from meetups in Greece and summits in Seoul, to bootcamps in Paris and workshops in Germany.
One thing you know about the XRP community anywhere in the world – they show up in force!
Huge congrats to the @XRPSEOUL team on their first event, and we at @Ripple are absolutely looking forward to the next! https://t.co/g2w0zcHnqv
The enthusiasm with which the community has been organizing these events closely matches the particular level of success the ecosystem has seen this year.
The resolution of Ripple’s 2020 legal battle with the SEC earlier this year primarily opened the door for significant institutional capital access and accelerated network development. The removal of this regulatory tension immediately paved the way for the launch of institutional products.
The filing and subsequent launch of spot XRP exchange-traded funds (ETFs) from prominent asset managers like REX-Osprey and Grayscale Investments have introduced significant institutional liquidity and mainstream acceptance.
This development formally classified XRP as a recognized asset class alongside other established cryptocurrencies.
Meanwhile, the blockchain itself has also made significant technological advancements.
In the first half of 2025, XRP Ledger successfully launched its Ethereum Virtual Machine (EVM) sidechain.
This technical milestone significantly enhanced the XRPL’s utility, combining the XRPL’s speed, efficiency, and low transaction costs with the versatility and network effect of the broader Ethereum DeFi and dApp community.
The need for smart contracts on XRP is cristal clear. Almost 1.4k smart contracts deployed on Mainnet in only 1 week 🙃 pic.twitter.com/BqSXwNbWLW
The move generated strong, immediate developer demand, with nearly 1,400 smart contracts deployed in the first week of launch. Shortly after, the ecosystem’s total value locked (TVL) reached an all-time high of $120 million.
The impact of the 2025 breakthroughs contrasts greatly with the preceding years of regulatory uncertainty.
Many of XRPL’s breakthroughs would not have been possible without the current administration’s open friendliness toward crypto and the SEC’s dropping of the lawsuit against Ripple.
During this legal gridlock, most major US crypto exchanges delisted XRP, barring nearly all regulated institutional participation for over four years. This action isolated the asset from the world’s largest and most compliant financial market.
Throughout this period, protracted litigation created a bottleneck that restrained institutional interest. This context caused XRP’s price to underperform despite the underlying network’s established use cases.
Though XRPL’s reality now paints a different picture, the market is still adapting to the ecosystem’s most recent breakthroughs. Long-term success will heavily depend on sustained utility.
Measuring this success will focus on major institutional projects fully migrating to the chain, sustained developer incentives, and developing real-world applications.
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BlackRock, the world’s largest asset manager, has filed for a Bitcoin premium income ETF in Delaware. This new fund aims to provide a unique investment approach by focusing on generating income from Bitcoin-related premiums. Unlike the firm’s previous Bitcoin products, which tracked the cryptocurrency’s price movements, this ETF targets investors seeking yield instead of direct exposure to Bitcoin’s price changes.
The proposed Bitcoin premium income ETF is part of BlackRock’s ongoing expansion into the cryptocurrency market. Unlike the firm’s earlier products, which were designed to mirror the price fluctuations of Bitcoin, this fund aims to capture Bitcoin-related premiums. This strategy allows it to attract a different group of investors—those focused on yield generation rather than price speculation.
Bitcoin premiums can arise through various mechanisms, such as options or futures contracts, allowing the ETF to potentially generate income. This approach sets the fund apart from BlackRock’s existing spot Bitcoin ETF, which has been successful in tracking the cryptocurrency’s price performance.
According to industry sources, BlackRock’s expansion into income-focused crypto investment options reflects a broader trend in financial markets. Investors are increasingly interested in diversifying their cryptocurrency exposure by seeking income opportunities, not just capital appreciation.
The filing for the Bitcoin premium income ETF comes after BlackRock’s success with its spot Bitcoin ETF (IBIT), which reached $90 billion in assets by September 2025. IBIT has captured 60% of the market share of U.S. Bitcoin ETFs. BlackRock’s crypto-focused ETFs, including those focused on Bitcoin and Ethereum, have also generated substantial revenue, amounting to $260 million annually within two years of launch.
BlackRock has strategically integrated cryptocurrency exposure into its broader portfolio offerings. The firm has added Bitcoin allocations of 1%-2% in its model portfolios. This integration shows the company’s commitment to incorporating digital assets into traditional investment structures, meeting the demand for crypto exposure among institutional and retail investors alike.
The new Bitcoin premium income ETF is designed to appeal to investors seeking yield rather than direct price exposure. This is a shift from the typical approach of many Bitcoin-focused investment vehicles that are purely tied to the cryptocurrency’s price movements. By targeting yield generation, BlackRock hopes to attract a different class of investors, such as income-focused retirees or institutional investors seeking diversification.
In a statement, BlackRock emphasized its focus on meeting investor demand for more diverse Bitcoin investment products. The firm noted that many investors are looking for ways to benefit from Bitcoin’s potential while reducing the risks associated with its volatile price movements.
The introduction of the Bitcoin premium income ETF represents another step in BlackRock’s strategy to become a key player in the digital asset investment space. The firm’s growing suite of crypto products now offers a broader range of options for different types of investors. Whether through price tracking or income generation, BlackRock continues to build on its successful entry into the cryptocurrency market.
By providing more ways to invest in Bitcoin, BlackRock is positioning itself as a leader in the evolving landscape of cryptocurrency investment. The firm’s diverse range of crypto products allows it to cater to a variety of investor needs, from those seeking growth to those looking for yield.
Kelvin Munene is a crypto and finance journalist with over 5 years of experience in market analysis and expert commentary. He holds a Bachelor’s degree in Journalism and Actuarial Science from Mount Kenya University and is known for meticulous research in cryptocurrency, blockchain, and financial markets. His work has been featured in top publications including Coingape, Cryptobasic, MetaNews, Coinedition, and Analytics Insight. Kelvin specializes in uncovering emerging crypto trends and delivering data-driven analyses to help readers make informed decisions. Outside of work, he enjoys chess, traveling, and exploring new adventures.
TLDR Cloudflare’s NET Dollar powers AI agents with instant, secure global payments. NET Dollar: Cloudflare’s…
(COLUMBUS) –On Wednesday, September 24, Ohio Treasurer Robert Sprague and the State Board of Deposit unanimously approved Grant Street Group as the vendor to facilitate the acceptance of cryptocurrency payments for state fees and services. The State Board of Deposit is a three-member regulatory board made up of the Treasurer of State, Auditor of State and State Attorney General.
“At this week’s Board of Deposit meeting, we took the next step to position Ohio as a leader in the digital currency space, authorizing a vendor to facilitate the acceptance of cryptocurrency as payment for state fees,” said Sprague. “After reviewing several proposals, I’m confident that Grant Street Group will be able to provide the security and service we need for Ohioans to be able to utilize the tools of modern finance.”
After the Board of Deposit meeting in May of this year, the Ohio Treasurer’s office had put out a Request for Proposals (RFP) for a vendor to provide processing services for electronic payments made with digital wallets or cryptocurrency including conversion to United States dollars for deposit into the State Treasury. Approval to begin the RFP process came after Treasurer Sprague proposed a resolution to the Board of Deposit following a call from Treasurer Sprague and Ohio Secretary of State Frank LaRose in April of this year to authorize the use cryptocurrency to pay state fees.
Various leaders in the digital space have provided statements of support for yesterday’s action:
“Yesterday’s vote positions Ohio as a national leader and innovator through the adoption and use of Bitcoin and digital asset technologies,” said Andrew Burchwell, Executive Director of the Ohio Blockchain Council. “This move modernizes our state government to be prepared for the future of digital global payments.”
Noah Herman, Chief Strategy Officer for Fortris Global said, “Innovation in the US has always been led by the States, and this continues to be the case with blockchain and digital asset technologies. With the formal authorization of cryptocurrencies as a financial transaction device, the Board of Deposit has cemented the State of Ohio’s credentials as a leader, an innovator, and a place in which the businesses of the present and future will be able to locate, hire, build, execute, and grow.”
“As a sixth generation Ohioan, it’s great to see our state take leadership in the future of finance,” said BitGo VP of Corporate Development Baylor Myers. “Having worked in New York, Washington, and Silicon Valley, there is no good reason why Ohio cannot compete — we have the talent, the values, and the drive.”
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This cycle has absorbed $678 billion in net inflows through realized cap growth, nearly 1.8 times larger than the previous cycle.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Bitcoin’s (BTC) on-chain data reveals structural concerns about the sustainability of the current rally, and defending the $111,000 zone is fundamental to avoid further downside.
As Glassnode reported on Sept. 25, the retreat from near $117,000 following the Federal Reserve’s rate decision reflects a textbook “buy the rumour, sell the news” pattern.
The current drawdown from Bitcoin’s all-time high of $124,000 to $111,012 represents just a 10.5% decline, modest compared to the cycle’s previous 28% correction or the 60% drops seen in earlier bull markets.
However, the report noted that this surface-level stability masks market exhaustion that warrants careful attention.
On-chain metrics paint a concerning picture of capital flow dynamics. This cycle has absorbed $678 billion in net inflows through realized cap growth, nearly 1.8 times larger than the previous cycle.
Long-term holders have distributed 3.4 million BTC in profits, already exceeding previous cycles and highlighting the magnitude of selling pressure from seasoned investors. The market structure reveals a fragile balance between institutional demand and the distribution of long-term holders.
US-traded Bitcoin spot ETF inflows, which previously absorbed heavy selling, collapsed from 2,600 BTC per day to nearly zero around the FOMC meeting.
Meanwhile, the long-term holder distribution surged to 122,000 BTC per month, creating an imbalance that set the stage for weakness.
Derivatives markets amplified the correction through forced liquidations and deleveraging. Futures open interest fell sharply from $44.8 billion to $42.7 billion as Bitcoin broke below $113,000, with dense liquidation clusters between $114,000 and $112,000 driving aggressive selling.
While this deleveraging reset cleared excess leverage, it also revealed the market’s vulnerability to liquidity-driven swings.
Options markets reflect heightened downside concerns, with put/call skew spiking from 1.5% to 17% following the correction.
Total options open interest near all-time highs creates a gamma overhang that amplifies volatility, particularly to the downside, where dealers are positioned short gamma.
As Bitcoin is now trading at $109,466, the $111,800 level represented the short-term holder cost basis and served as temporary support during recent selling.
This technical foundation becomes crucial as the market navigates between institutional accumulation and long-term profit-taking by holders.
Bitcoin’s ability to maintain the threshold will determine whether this correction represents healthy consolidation or marks the beginning of a deeper cooling trend.
Without renewed institutional demand to offset continued long-term holder distribution, the risk of more significant price declines increases substantially.
Gino Matos is a law school graduate and a seasoned journalist with six years of experience in the crypto industry. His expertise primarily focuses on the Brazilian blockchain ecosystem and developments in decentralized finance (DeFi).
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