BlackRock's Bitcoin Income ETF (BITA) Becomes Effective, Trading Expected Around June 18

According to Odaily Planet Daily, Bloomberg senior ETF analyst Eric Balchunas said BlackRock's iShares Bitcoin Income ETF (BITA) became effective last Friday and is expected to start trading around June 18, with a potential one-day difference. The launch puts BITA in the spotlight following IBIT, which previously set a record as the fastest-growing ETF in history.