Scott Melker discusses BlackRock’s BLK (BLK) new bitcoin (BTC-USD) ETF, which offers yields of up to 15% per year. Melker breaks down how the fund works, the risks investors should understand, and the trade-offs behind the potential returns.

“The Daily Wolf with Scott Melker” airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Make sure to also check out Yahoo Finance’s new crypto hub to find the latest crypto-related news.