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Binance Academy
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BlackRock and Bitcoin: the Bitcoin ETF
Key aspects
BlackRock's iShares Bitcoin Trust (IBIT) is a spot Bitcoin ETF that provides investors with exposure to the price of Bitcoin without owning BTC directly.
The fund holds Bitcoin in cold storage through Coinbase Prime and is listed for trading on NASDAQ.
IBIT offers liquidity, regulatory oversight, and simplicity for investors, although its performance may be influenced by fluctuations in the price of Bitcoin and ongoing management costs.
BlackRock's iShares Bitcoin Trust (IBIT) is a spot Bitcoin ETF that provides investors with exposure to the price of Bitcoin without owning BTC directly.
The fund holds Bitcoin in cold storage through Coinbase Prime and is listed for trading on NASDAQ.
IBIT offers liquidity, regulatory oversight, and simplicity for investors, although its performance may be influenced by fluctuations in the price of Bitcoin and ongoing management costs.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.