BlackRock has taken what is typically the final procedural step before an ETF goes live, filing a Form 8-A share registration document for its iShares Bitcoin Premium Income ETF with Nasdaq on Thursday. The filing has prompted Bloomberg ETF analyst Eric Balchunas to predict a specific launch date: Thursday, June 18. What the Form 8-A signals "The filing typically means launch in one week," Balchunas wrote on X, noting his bet that the fund — ticker BITA — begins trading next Thursday. Balchunas had said a day earlier that he expected the fund to debut "very soon," framing the timeline as part of a race against a competing Goldman Sachs covered-call Bitcoin product due to launch around July 1. BlackRock's filing puts it roughly two weeks ahead of Goldman in what is becoming a competitive sprint among major asset managers to capture the income-focused Bitcoin ETF category first. Earlier filings indicate the fund has already been seeded — it is actively buying Bitcoin and IBIT shares and writing call options against those holdings. With the 8-A now filed, the remaining step is for the registration to become effective, which is largely a formality once this stage is reached. How the fund works: covered calls on IBIT BITA will generate income by selling call options on BlackRock's own iShares Bitcoin Trust — IBIT, the largest spot Bitcoin ETF with $49 billion in net assets. Each month, the fund will write options on a portion of its holdings and collect the premiums generated as income distributed to shareholders. The structure represents a classic covered-call income strategy applied to Bitcoin exposure for the first time at this scale by the world's largest asset manager. The trade-off is straightforward and well understood in traditional covered-call products: selling call options caps the fund's upside if Bitcoin rallies sharply, since shares may be called away or the fund forgoes gains above the strike price in exchange for the steady premium income. Pricing: undercutting the competition BITA's planned 0.65% fee undercuts the two largest existing covered-call Bitcoin funds, which charge 0.95% and 0.99% respectively. A meaningful fee advantage from the largest asset manager in the world — entering a category that already has established competitors — signals BlackRock's intent to capture significant market share quickly rather than simply participate in the category. Why this matters for Bitcoin and crypto markets The launch represents BlackRock's continued expansion of Bitcoin exposure into an income-generating product for mainstream investors — building directly on the spot exposure that IBIT already provides. For income-oriented investors, particularly in the current environment where Treasury yields above 4.5% have made yield generation a competitive priority across all asset classes, a covered-call Bitcoin product offers a structurally different value proposition than pure spot exposure: income now in exchange for capped upside later. The timing is notable given the broader context. IBIT itself has been working through a record outflow streak, with $2.04 billion in cumulative redemptions over the recent 9-to-13-day outflow periods. A new income-generating product built on top of IBIT could attract a different investor base — one seeking yield rather than pure price appreciation — potentially providing a new and distinct source of demand for Bitcoin exposure that doesn't directly compete with the existing IBIT investor base for the same capital. With Bitcoin holding steady near $63,000 and the broader market searching for signs that institutional demand is stabilizing, a successful BITA launch — particularly if it attracts meaningful inflows in its first days — could serve as a small but symbolically important data point that BlackRock continues to see durable demand for Bitcoin-linked products across multiple structures, even as the flagship spot product navigates its most challenging flow environment since launch. If Balchunas's June 18 prediction holds, BITA's debut would land just one day after the June 17 FOMC meeting — meaning the fund could launch into a market that has just received its first clear signal from the Warsh-led Fed about the rate path for the remainder of 2026, adding an interesting layer of timing to what is already a closely watched product launch.

US stocks rose after data showed a pickup in consumer sentiment and easing inflation expectations. According to Bloomberg, the moves came as Wall Street traders pushed equities higher following the report.

Bitcoin is maintaining its position near $63,000 as the session progresses, holding the gains from earlier in the week's recovery from the $59,227 low. The steadiness here is notable given the density of competing catalysts in play today — the SpaceX IPO's first trading day, Iran's denial of a Sunday Geneva signing, and the broader macro repricing following Wednesday's mixed CPI report. Why holding $63,000 matters The level itself sits in a meaningful zone. Bitcoin remains only about 9% above its realized price of $53,600 — the value territory that has historically marked major bear-market floors. A sustained hold here, rather than a slide back toward the $59,000-$60,000 area tested earlier in the week, would be consistent with the "close to value, not confirmed recovery" framing CryptoQuant outlined: cheap prices slowing the selling rather than reversing it, but at least not giving way to renewed downside. The derivatives picture supports the stability narrative. With BVIV down to 43.8% and long call butterflies still positioning for a bounce toward $75,000 with consolidation through July, options traders appear content to let price sit here for now rather than aggressively repositioning in either direction. The competing forces holding each other in check Today's steadiness may reflect a genuine standoff between offsetting catalysts. On one side, Iran's denial of the Sunday Geneva signing removed a potential positive geopolitical catalyst, keeping oil near $92 and the inflation-driven rate hike narrative intact. On the other, SpaceX's historic IPO debut — while creating "sell-the-news" risk for crypto-adjacent plays like VELVET, which surged 1,400% on the week purely on pre-IPO exposure narratives — has not visibly triggered the capital-drain-from-crypto scenario that some had worried about. If anything, the absence of a sharp Bitcoin decline during SpaceX's first trading session is itself informative: the $5.4 billion in ETF outflows since mid-May appears to have already happened, and today's stability suggests that specific capital rotation dynamic may not be repeating in real time around the IPO event itself. What would change the picture The fundamental demand problem CryptoQuant identified — the 652,000 BTC weekly demand contraction, the fastest-shrinking ETF demand since January 2024 — has not resolved simply because price has stabilized. Holding $63,000 buys time but does not by itself attract the large buyers or stabilize the ETF flows that CryptoQuant says are necessary for a confirmed turn. The next meaningful test remains June 17's FOMC meeting — the first under Warsh, and the moment when markets will learn whether the Fed's language shift on rate-cut bias materializes as Williams suggested, and how explicitly the committee acknowledges the rate hike path that markets have already priced for December. Until then, $63,000 holding steady is a constructive but not yet conclusive signal — confirmation requires the demand-side data to turn, not just the price to pause.

Market sources said the subscription allocation for SpaceX tokenized stock SPCX on the xStocks platform was far lower than expected, leading to a significant reduction in the related quota. According to Odaily, the allocation was described as “much, much less than expected,” and the quota was sharply adjusted downward.

US stocks were mixed on Friday as oil prices fell again and investors awaited SpaceX’s highly anticipated market debut later in the day. According to RTHK, the S&P 500 rose 0.1%, the Dow Jones Industrial Average gained 270 points, or 0.5%, and the Nasdaq Composite slipped 0.1% as of 9:35 a.m. Eastern time. Brent crude fell 2.2% to $88.36 a barrel, extending weekly losses after U.S. President Donald Trump called off a threat to launch strikes on Iran and said a potential deal with Iran may be imminent. AI-related stocks were volatile, with Micron Technology down 2% and Broadcom off 0.8%, amid expectations some investors may be reallocating ahead of SpaceX and other large AI-related IPOs. SpaceX is set to begin trading on the Nasdaq for the first time later in the day, though the exact start time was not known. The report said Elon Musk’s rocket company had built up $29.1 billion in debt as of the end of March, partly tied to investments in AI, and that if shares hold at the offering price, SpaceX would have a market value of $1.77 trillion.

Iranian sources have firmly denied reports that a final US-Iran peace agreement has been reached and is scheduled to be signed in Geneva on Sunday, according to Farsna News Agency on June 12. The denial directly contradicts claims made by President Trump and circulated by several foreign media outlets earlier in the day. The denial: both date and location rejected The Iranian source stated that claims of a "final agreement" being scheduled for Sunday signing are "completely untrue." Crucially, the source added that Iran's internal review and decision-making process has not yet been finalized — meaning no agreement exists in a form that could be signed, regardless of location or date. Both the announced Sunday timeline and the Geneva location were explicitly and completely denied. Why this matters — and the timing The denial arrives on the same day that US stock futures had popped on Friday morning specifically on signs of a potential US-Iran peace deal, with reports indicating Iran had signaled a proposed agreement would include reopening the Strait of Hormuz. S&P 500 and Nasdaq-100 futures had each gained approximately 0.6% on that earlier optimism, and global stocks advanced broadly heading into the SpaceX IPO session. Iran's denial represents the latest in a now-familiar pattern that has defined the US-Iran negotiation process since the conflict began on February 28. Trump has repeatedly characterized peace deals as imminent or "largely negotiated" — including the Saturday Truth Social announcement in late May that initially boosted crypto markets before fresh US-Iran strikes days later reversed that optimism entirely. Each cycle of premature optimism followed by denial or renewed escalation has whipsawed risk markets, with crypto consistently the most volatile asset class in response. What it means for markets The denial removes — at least for now — the geopolitical tailwind that had been supporting Friday's positive equity futures alongside the historic SpaceX IPO debut. For oil markets, the denial likely keeps Brent crude anchored near its recent $92 level rather than allowing the further retreat that a credible Strait of Hormuz reopening would trigger. Given that elevated oil prices have been identified as the primary driver of the inflation reacceleration behind the Federal Reserve's hawkish pivot — the same pivot that has driven Bitcoin from $83,000 to below $60,000 over five weeks — Iran's denial effectively keeps that macro headwind fully intact heading into the weekend and the critical June 17 FOMC meeting. For crypto specifically, Bitcoin's recovery to $63,000 this week has been built on a combination of technical factors (the rare weekly RSI bullish divergence, the 200-week SMA support) and modest macro relief (Wednesday's core CPI beat). Today's denial removes one potential additional positive catalyst without adding new negative pressure beyond the status quo — meaning the path forward likely depends more on how SpaceX's first trading day resolves and what signals emerge ahead of June 17 than on any near-term Iran deal breakthrough. The pattern of repeated false dawns on Iran negotiations has already led 10x Research and others to caution against treating any single headline — positive or negative — as a turning point. Today's denial reinforces that caution: until an agreement is actually signed, every "breakthrough" report should be treated with the same skepticism that previous announcements have ultimately deserved.

> 비샤오하오 특별 기고: 방홍진, 홍콩 블록체인 협회 공동 의장

골든파이낸스가 《골든 Web3.0 일간지》를 출시하여, AI, DeFi, DAO, NFT 및 메타버스 업계의 최신 소식을 가장 빠르게 전해드립니다.

6월 12일, 시가총액 1조 달러 규모의 스페이스X가 나스닥 상장을 앞두고 있다. 기업 가치는 1조 7,700억 달러, 공모 규모는 750억 달러로, 이로 인해 창업자 엘론 머스크는 세계 최초의 1조 달러 부자가 될 전망이다.

왜 대다수의 개인 투자자들은 스페이스X 상장 첫날 손실을 볼 가능성이 높을까?

SEC는 방금 Reg NMS 제611조 규정을 폐지할 것을 제안했다. 이 '트레이딩 크로스 규칙'은 2005년부터 미국 주식 시장의 구조를 규정해 왔다.

9,700억 달러. 이것이 머스크의 최신 순자산 규모다. 인류 역사상 최초의 1조 달러 부자가 되는 데는 이제 한 발짝만 남았다.

스페이스X가 1조 8천억 달러의 기업 가치를 바탕으로 기업공개(IPO)에 나서면서, 머스크의 재산 규모는 전례 없는 수준으로 치솟았다.

스페이스X는 금세기 가장 영향력 있는 기업 중 하나가 될 잠재력을 지니고 있다.

씨티그룹 애널리스트들은 호르무즈 해협 봉쇄가 여름 말까지 지속될 경우 금 가격이 온스당 3,500달러까지 떨어질 수 있다고 전망했다.

헝가리는 일부 무허가 거래를 최대 8년의 징역형에 처할 수 있는 범죄로 규정했던 2025년 암호화폐 관련 엄격한 법안을 폐지할 계획이다.