CryptoWanderer
Sat Jun 15 2024
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5 answers
973
What is the iShares Bitcoin Trust ETF (Ibit -1.56%)?
Excuse me, could you please explain what the iShares Bitcoin Trust ETF, commonly referred to as IBIT, actually is? I've heard about it but am not entirely sure of its functionality and purpose within the cryptocurrency and financial sphere. Could you elaborate on its performance recently, as indicated by the -1.56% change? Additionally, how does this ETF work, and what are the key factors investors should consider when looking into it? Thank you for your time and explanation.
