BlackRock filed with the SEC on Oct. 19 for the iShares Bitcoin Managed Protection ETF (PBIT), a fund that would hold options and fixed-income securities and gain Bitcoin exposure through derivatives. The preliminary prospectus excludes direct Bitcoin and spot Bitcoin ETP holdings.
Source: [CryptoSlate](https://cryptoslate.com/blackrocks-new-bitcoin-etf-wont-buy-btc-raising-questions-about-future-demand/)