BlackRock's Bitcoin Fund Just Paid Its First Dividend: 18.5% Annualized, While Bitcoin Sleeps at $65K

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BlackRock's spot Bitcoin fund paid its first dividend, annualizing to about 18.5%, while Bitcoin trades near $65,000. The payout demonstrates the fund's ability to generate cash returns even during flat price action. That yield could attract income-seeking investors, increase demand for BlackRock's product and spot BTC, and provide incremental support or change investor holding incentives.

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