The ETF #bitcoin are not $BTC friends, never forget
Binance Academy
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BlackRock and Bitcoin: explanations about the Bitcoin ETF
Key points to remember BlackRock's iShares Bitcoin Trust (IBIT) is a Bitcoin Spot ETF that allows investors to gain exposure to the bitcoin price without directly holding it.
The fund holds bitcoin in an offline storage system relying on Coinbase Prime, and it is listed on the NASDAQ. The IBIT offers liquidity, regulatory oversight, and simplicity to investors, even though its performance may be influenced by fluctuations in the bitcoin price and ongoing management fees.