Contango is decay, management fee is management fee. I’ve known this for decades. Both are part of any ETF that based on futures. I’ll keep it simple in case some decides to take something I said out of context. Direct Correlation simple explanation, IBIT and BTC go up and down the exact same percent, and they do not move exactly the same, not direct correlation of price. Understand it anyway u want. Good luck. I posted several days worth of pricing, if u want u can go find exact price of each and calculate percent move. I’ve done my homework already.
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