News analysis
BlackRock files third Bitcoin ETF using options, with no Solana or XRP product attached
· By MyCryptoSignal Editorial · 329 words
Cointelegraph reports that BlackRock has filed for a third Bitcoin exchange-traded fund, this one built to use options to limit both potential losses and gains. The filing adds another strategy to the firm's existing Bitcoin and Ether ETF lineup, and no Solana or XRP product accompanied it.
According to Cointelegraph, the proposed fund would pair Bitcoin exposure with options, a structure intended to cap downside and upside alike. That differs from the firm's existing Bitcoin and Ether ETFs, which the report places in the same lineup. The headline notes that the filing did not extend to Solana or XRP products.
The report was published on 20 October 2026, with no author byline attached. Cointelegraph does not state a ticker, fee, listing venue, or the timing of any regulatory decision for the proposed fund.
As of 09:16 UTC, Bitcoin traded at $81,397, down 1.64% over 24 hours and 2.91% over seven days, though still up 1.37% over 30 days. Its 24-hour range ran from $81,155 to $82,807, with RSI at 39.3 and a flat trend. Support sits at $81,290 and resistance at $81,466.20.
Solana changed hands at $103.97, down 1.43% on the day, 4.25% on the week and 4.18% on the month. Its 24-hour range was $103.54 to $105.52, RSI 43.1, with support at $103.69 and resistance at $104.19. XRP traded at $1.29, down 1.56% over 24 hours, 6.14% over seven days and 6.29% over 30 days, inside a $1.29 to $1.31 range with RSI 40.2. Total market cap stood at $2.57 trillion, down 1.42%, with Bitcoin dominance at 63.6%.
Bitcoin dominance at 63.6% and a total market cap of $2.57 trillion frame where the filing lands. The largest asset carries most of the market, while Solana and XRP, both absent from the filing, show larger 30-day declines of 4.18% and 6.29%. All three coins sit below RSI 50 with flat trends, and each trades near its stated support level.
Read the full story at Cointelegraph: https://cointelegraph.com/news/blackrock-ishares-bitcoin-managed-protection-etf-pbit
Data, not advice.
Source: Cointelegraph — see our editorial policy.