IBIT
iShares Bitcoin Trust ETF
📎 Investment Objective
The iShares Bitcoin Trust ETF (IBIT) seeks to provide investors with exposure to the price movement of bitcoin, the largest and most well-known cryptocurrency.
Overview
ETF tracking iShares Bitcoin Trust ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares Bitcoin Trust ETF (IBIT) seeks to provide investors with exposure to the price movement of bitcoin, the largest and most well-known cryptocurrency.
🎯 Investment Strategy
The ETF aims to achieve its objective by holding bitcoin as its primary investment. It will not invest directly in bitcoin but will hold shares of the Bitcoin Trust, which holds bitcoin as its underlying asset.
✨ Key Features
- Provides exposure to the price of bitcoin, the leading cryptocurrency
- Holds shares of the Bitcoin Trust, which holds bitcoin as its primary investment
- Designed to track the performance of bitcoin, less fees and expenses
- Trades on a major stock exchange like a traditional ETF
⚠️ Primary Risks
- Significant volatility and price fluctuations in the cryptocurrency market
- Risks associated with the Bitcoin Trust, including custody, security, and regulatory changes
- Lack of a long-term performance history for the fund
- Potential for high fees and expenses compared to other investment options
👤 Best For
This ETF may be suitable for experienced investors with a high risk tolerance who are looking to gain exposure to the cryptocurrency market as part of a diversified portfolio. However, due to the speculative and volatile nature of cryptocurrencies, this fund may not be appropriate for all investors, especially those with a low-risk appetite or a shorter investment horizon.