Replies to post #53 on iShares Bitcoin Trust ETF (IBIT)

[squidster]

It was stated that the IBIT management fee is "contango" not my words someone else's. A management fee is not "contango"
How can there be no direct correlation of price movement between IBIT and BTC. IBIT portfolio is 99.9% BTC holdings.
It's not complicated.
https://www.ishares.com/us/products/333011/ishares-bitcoin-trust