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squidster

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Re: novicetrader post# 12

Monday, 01/29/2024 8:38:25 PM

Monday, January 29, 2024 8:38:25 PM

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No, that's just the seed $$ to get the ETF started. IBIT is an open ended ETF that issues new shares in 40,000 blocks based on the flow of funds in and out of the fund.
The fund currently has 91 million shares outstanding

https://www.ishares.com/us/products/333011/ishares-bitcoin-trust
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  • 1D
  • 1M
  • 3M
  • 6M
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