IBIT

BTC USD traded near $79,700 on Tuesday, October 27, after U.S. spot Bitcoin ETFs took in $110.3 million on Monday, ending a two-day, $773.4 million outflow run a day before the Federal Reserve’s rate decision. All of it went into one fund: BlackRock’s IBIT.

BlackRock’s IBIT took in $665.2M on October 19, but US spot BTC USD ETFs collectively recorded a smaller $526.7 million net inflow.

The iShares Bitcoin Managed Protection ETF would use options on IBIT to limit losses, in exchange for giving up some upside.

Jay Jacobs, US head of equity ETFs BlackRock, joins Scarlet Fu and Dushyant Shahrawat on "Bloomberg Crypto." They discuss the attractiveness of the iShares Bitcoin Trust ETF (ticker: IBIT) to investor portfolios.

BlackRock and Fidelity charge the same fees and hold the same asset, yet one fund pulled in nearly $300 million while the other hemorrhaged cash.

The SEC approved a Cboe rule change on Friday that allows six triple-leveraged products to list, including funds tied to Bitcoin and Ethereum.

IBIT strips away the complexity of owning Bitcoin directly, but that simplicity carries a price that shows up whether Bitcoin soars, crashes, or does nothing at all.

U.S. spot Bitcoin ETF recorded $730.8 million in net inflows on September 3. BlackRock’s IBIT led the session with $454 million in net inflows.

This investment vehicle, offered by the world's biggest asset manager, has been the clear winner in terms of attracting assets.

Holding IBIT without ever selling still generates a tax bill, and the mechanism responsible quietly chips away at your Bitcoin claim every single day the fund is open.

The dollar's weakness and rising debasement concerns are fueling demand for gold, Bitcoin and other hard assets. Here are five ETFs to watch.