[Bloomberg Analyst: BlackRock Bitcoin Income ETF (BITA) Officially Effective, Expected to Begin Trading This Week] According to Deep Tide TechFlow, on June 15, Bloomberg senior ETF analyst Eric Balchunas reported that the BlackRock iShares Bitcoin Income ETF (BITA) officially became effective last Friday afternoon and is expected to begin trading around this Thursday, with the exact timing possibly shifting a day earlier or later. He noted that BITA is regarded as a highly anticipated follow-up product after IBIT. Previously, IBIT had become the fastest-growing ETF in terms of asset management scale in history.