Is Blackrock's Ibit spot bitcoin ETF a good investment?
Could you elaborate on the potential merits and drawbacks of investing in Blackrock's Ibit spot bitcoin ETF? Given the volatile nature of cryptocurrencies, how would you assess the risk-reward ratio of this particular investment? Are there any specific factors that investors should consider before making a decision, such as the fund's management team, track record, or investment strategy? Additionally, how does this ETF compare to other bitcoin-related investment options available in the market? Is it a good fit for long-term investors or more suitable for those seeking short-term gains?