Replies to post #62 on iShares Bitcoin Trust ETF (IBIT)

[squidster]

Read the prospectus "Backed by bitcoin held by the Bitcoin Custodian on behalf of the Trust"

https://www.ishares.com/us/library/stream-document?stream=reg&product=IUS-IBIT-J&shareClass=NA&documentId=2212465&iframeUrlOverride=%2Fus%2Fliterature%2Fprospectus%2Fp-ishares-bitcoin-trust-12-31.pdf pg.2

Good luck

[squidster]

30 yrs of reading prospectus has served me and my clients well. Just keeping it real which is why I provide links in my posts.
Would be nice if all would educate themselves prior to posting especially those posting as an authority figure on IBIT. Start here:
https://www.blackrock.com/us/individual/products/333011/ishares-bitcoin-trust
https://www.investors.com/news/bitcoin-etfs-keep-almost-all-their-eggs-in-one-basket-is-that-a-bad-thing/