What is BlackRock iShares bitcoin ETF (Ibit)?
Excuse me, could you please elaborate on what exactly is the BlackRock iShares Bitcoin ETF, or Ibit, for short? I'm curious to know if it's a fund that allows investors to gain exposure to the price movements of Bitcoin without actually owning the cryptocurrency itself. Additionally, I'm wondering about its potential risks and benefits, as well as how it compares to other Bitcoin-related investment options. Could you please provide some insights on these points?