BlackRock has submitted an S-1 registration statement dated 23 January 2026 for the planned iShares Bitcoin Premium Income ETF, moving a step closer to launching a Bitcoin-focused income product. The fund aims to track Bitcoin’s price while generating additional yield of about 8–12% annually through covered call strategies on IBIT shares and other spot Bitcoin ETPs. The filing comes as BlackRock’s existing IBIT spot Bitcoin ETF holds roughly $69.85 billion in assets, even as Bitcoin trades below $90,000 and analysts highlight potential downside toward $74,000 or lower.

Coinbase launched Payments MCP on Wednesday, enabling AI models including Claude and Gemini to execute wallet operations, fiat conversions, and stablecoin transfers through natural language commands. The company also introduced its Coinbase One Card in the United States, offering bitcoin cashback rewards of up to 4% for subscribers.