Binance Academy
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BlackRock and Bitcoin: Understanding the Bitcoin Exchange-Traded Fund
Key ideas
BlackRock's iShares Bitcoin Trust (IBIT) is an instant Bitcoin exchange-traded fund that gives investors the opportunity to invest in Bitcoin without needing to own BTC directly.
The fund holds Bitcoin in offline storage through Coinbase Prime and is listed for trading on the NASDAQ stock exchange.
BlackRock's iShares Bitcoin Trust (IBIT) is an instant Bitcoin exchange-traded fund that gives investors the opportunity to invest in Bitcoin without needing to own BTC directly.
The fund holds Bitcoin in offline storage through Coinbase Prime and is listed for trading on the NASDAQ stock exchange.
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