IBIT

Forded_Fiction24

If Coinbase has an issue as a custodian then I'm safe with my FBTC. If Fidelity has an issue as a custodian then I'm safe with IBIT. I see that as mitigating risk from not having all your eggs in one basket. I don't understand how you're saying it increases risk

Subject-Chest-8343

I don't personnally have an opinion on Coinbase (never used them myself), but seeing that many coins in the hands of one custodian is increasingly concerning, I think. For that reason alone, I'm choosing FBTC over IBIT.

Strange-Term-4168

Buy an etf. IBIT and never worry about someone getting into your wallet or sending to wrong address. If you really want to own your own keys then buy it on coinbase advanced with limit orders.

GamerRevizor

That’s a fair concern - with iShares Bitcoin Trust (IBIT) you’re accepting custodial risk from Coinbase in exchange for tax advantages. Many people hedge this by splitting between ETF exposure and self-custody to balance risk and control

BitcoinBaller420

IBIT

Forded_Fiction24

IBIT uses Coinbase for a custodian. With FBTC, Fidelity holds it themselves. So my strategy is to mitigate the custodial risk at least somewhat by buying both equally into my Roth. I also custody my own Bitcoin as well and more of it, but find the risk personally acceptable and didn't want to deny myself the huge potential benefit of holding Bitcoin ETFs within my Roth. Everyone's risk tolerance differs and some aren't tolerant of the risks associated with Bitcoin ETF, while others like myself are

goawayjoebro

reposting this from that comment section. Saylor himself having ownership of more than 5% of bitcoin is a real concern. However, many large firms (Vanguard, blackrock included) use MSTR as a part of their means of acquiring Bitcoin by proxy. Vanguard has a larger portion of MSTR stock, i think about 11%, Blackrock owns about 5% but has much larger stores of it's own BTC via the BTC ETFs. Blackrock's bitcoin ETFs by volume actually hold more Bitcoin than Saylor's company. Saylor has ~730,000 and Blackrock's total BTC ETF issuance is slightly more than that. What this signals is that there is increasing retail/big firm/tradfi adoption of Bitcoin. Strategy is actively being pried out of Saylor's hands. *Exact figures:* - BlackRock's iShares Bitcoin Trust (IBIT), its primary spot Bitcoin ETF, holds approximately 782,180 BTC as of March 16, 2026. - - MSTR holds 761,068 BTC as of today - Vanguard holds approximately 8.55% of MicroStrategy (MSTR) stock, while BlackRock holds approximately 5.8% - Blackrock AUM = ~14 trillion, Vanguard = ~12 Trillion

hippieswithhaircuts

I’m 2 years into a 5 yr hold at $24 per IBIT share. At $68k, I laddered calls at the money every month until Jan 27. You can say I’m bullish

JuxtaposeLife

Fair point on pension funds and endowments. I am speaking mainly about individuals who have a choice... people who are fully capable of taking self-custody, yet choose IBIT instead. That is what I mean by surrendering upside, and potentially protection, in exchange for convenience, aka "laxy" My suspicion is that many of those investors have not fully thought through the structural tradeoff they are making. If IBIT, or similar products, do not end up reflecting Bitcoin’s scarcity as cleanly as people assume, then the downside may not simply be underperformance. In an extreme scenario, it could mean investors are left with cash settlement or repayment at some version of original cost basis, while Bitcoin itself has repriced dramatically higher. That is the deeper risk: not merely missing upside, but discovering too late that the vehicle was never as sovereign or scarcity-aligned as the underlying asset. And if the ETF structure ever proved to be looser in practice than investors believe... especially if “held” Bitcoin across products turned out to be less cleanly segregated than advertised... then convenience could end up being extraordinarily expensive.

ReliantToker

You’re raising a valid point about the "incentive to shape narrative," but calling IBIT the "lazy path" ignores the regulatory and fiduciary reality of 2026. ​Here is the "non-manufactured" breakdown: The Fiduciary Mandate: For the 1,686 institutional owners currently holding IBIT—including pension funds and endowments—direct cold storage isn't just "hard," it’s often legally prohibited by their investment mandates. An ETF isn't the "lazy" choice; for many, it’s the only choice allowed by their board of directors. ​The Collateral Evolution: Unlike 2024, in 2026, Bitcoin is a "Tier 1" asset. Major banks like Wells Fargo and BNY Mellon now recognize IBIT shares as collateral for credit facilities. You can’t easily walk into a legacy bank and get a low-interest loan against a multisig wallet yet, but you can against an ETF. ​The MSTR Distinction: While I agree MSTR is a "monster" for adding tailwinds, it carries its own premium/discount volatility. IBIT offers pure delta exposure without the "Saylor Premium" risk, which currently sits at 1.01x mNAV (a rare reset). ​Is BlackRock making a fee? Of course. Is it "manufactured" to say that $55 billion in AUM represents a massive vote of confidence from the world's largest pools of capital? No, that’s just the math of the "Institutional Superhighway."

JuxtaposeLife

The sad reality is that a large share of the pro-IBIT, anti-MSTR narrative online often looks less like genuine analysis and more like manufactured consensus... and you see that here constantly. The reaction to even mild criticism of IBIT is often so disproportionate that it begins to feel less like rational debate and more like narrative defense. That is especially striking because, at a high level, Bitcoin cold storage and MSTR represent two distinct paths of exposure, while IBIT arguably combines some of the disadvantages of both. At best, it is the convenience option (the lazier path) but one that comes with unnecessary headwinds. It also happens to be an enormous cash cow for BlackRock, so it is not difficult to understand why there would be a strong incentive to shape the surrounding narrative. Some of this clearly comes from real people repeating a framework they have not examined very deeply. But much of the rest reads like coordinated amplification masquerading as independent market opinion. That may serve incumbents well, but it does not make the argument any more true. Strategy, notably, does not appear to require that kind of support.

FreyBentos

Saylor and IBIT have over 10% of all bitcoin locked up at this point lol.

ReliantToker

You’re 100% correct on the plumbing: BlackRock is the manager, not the "owner" in the traditional sense. However, dismissing the premise based on that technicality misses the structural shift happening in 2026. ​Here’s why the distinction matters less than the result: ​The Mandate Shift: We aren't just seeing "individual people" buying IBIT anymore. As of this month, over 1,690 institutional entities—including pension funds, endowments, and sovereign wealth advisors—are the ones driving these $763M weekly inflows. When a multi-billion dollar pension fund buys IBIT, that is Institutional Conviction moving the needle, even if they use BlackRock’s wrapper to do it. ​The "Internal" Signal: BlackRock has actually begun integrating Bitcoin exposure into its own global allocation funds (like the Strategic Income Opportunities Fund). So in many cases, BlackRock is effectively the "person" buying its own ETF to give their diversified clients exposure. ​The Absorption: Whether it’s a hedge fund or a high-net-worth individual, once that capital enters IBIT, BlackRock must buy the underlying BTC and take it off the market. With the 20 millionth coin now mined, that "Institutional" wrapper is the primary vacuum sucking up the last of the liquid supply. ​The premise isn't that BlackRock is a "HODLer"—it's that BlackRock has built the superhighway for the world's largest pools of capital to finally exit fiat and enter Bitcoin.

Awkward_Potential_

>there's little structural danger here. MSTR does not custody their own Bitcoin. In fact, they probably use the same custodian as IBIT and many other ETF's. Ummm, that's actually my biggest concern. Strategy should self custody to keep Coinbase from being too large of a custodian.

Cadenca

When you really boil it down, there's little structural danger here. MSTR does not custody their own Bitcoin. In fact, they probably use the same custodian as IBIT and many other ETF's. IE., this is a moot point. Ownership is not centralized either. Those Bitcoin belong to me and hundreds of thousands of shareholders (inb4 someone tries to point out that technically the MSTR equity does not have direct claim to their BTC yadda yadda). The market can easily tolerate MSTR being at least 10% of the market, so that's 2.1 million coins. That's like 3x what they have now. We'll cross that bridge once we get there, but this is hardly the limit.

HipOut

IBIT is a spot etf managed by blackrock so its individual people buying IBIT through blackrock, not blackrock. So your premise is off completely

coinfeeds-bot

tldr; US-traded spot Bitcoin ETFs have experienced a five-day inflow streak, bringing in over $767 million in fresh capital, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for $600 million of the total. This marks the longest daily inflow streak this year, breaking a four-month period of net outflows. The resurgence in demand coincides with Bitcoin's price recovery and suggests growing institutional interest in Bitcoin ETFs as a hedge against market instability during geopolitical tensions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

docherino

They buy for their clients, not themselves. So when you say "i don't think blackrock are done buying" you are basically saying "i don't think retail are done buying". If i buy IBIT, blackrock then will buy Bitcoin on my behalf. If i sell IBIT, blackrock then will sell bitcoin on my behalf.

Kot-Leopold

The key takeaway isn't just that 90% didn't panic sell, but why the on-chain data confirms it. During Bitcoin's 47% drop from $126K to $66K, IBIT saw only 0.2% in redemptions—that's diamond-hand behavior from retail and advisors, not hedge funds. More importantly, exchange supply just hit its lowest level since November 2017. This means coins aren't just staying in ETFs; they're moving to self-custody en masse. You have long-term holders refusing to sell and withdrawing liquidity from exchanges simultaneously. This combination creates a supply shock setup. When demand returns, there's significantly less sell-side liquidity available. BlackRock doubling down with their staked Ether ETF (ETHB) during this drawdown shows their conviction isn't just PR—it's strategic positioning for the next leg up.

ThreeTonChonker

Obviously it’s not news if you’re not one of the whales at Blackrock though. I’m sure this sub would consider it breaking though if you sell the pocket change from working at Wendy’s which you invested in IBIT though.

HSuke

> That’s because if you’re investing through Blackrock you likely have a high net worth. Wut? You can buy IBIT if you have $40 (or even less with fractional shares). Retail owns 40% of the largest ETFs.

LuckyWinds

> That’s because if you’re investing through Blackrock you likely have a high net worth. > > Why would you make this claim? IBIT is available with no deposit requirements. It's not like certain investments where you need 250k, 500k, 1m, etc. minimum deposit. > Anyone who thinks it’s not still early is naive. I agree.

btcprint

I'd wager that majority of IBIT investors are not high net worth - it's literally just an ETF available on most all trading platforms -- it's not a HNW private investment fund

coinfeeds-bot

tldr; BlackRock's Head of Digital Assets, Robert Mitchnick, stated that 90% of its Bitcoin ETF (IBIT) holders did not sell during a recent 47% market drawdown, showing strong conviction among retail investors and financial advisors. On-chain data supports this, with Bitcoin supply on exchanges at its lowest since 2017, indicating long-term holders are moving coins to storage. BlackRock also launched a staked Ether ETF, signaling its growing confidence in the crypto market beyond Bitcoin. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

BaldBear_13

the fact that it surived several cycles of boom&bust. Once it bottoms out (mid-end of 2026), I will get ~5% of my savings into IBIT (I still do not believe the exchanges, or trust them with my bank account or cell phone).

Shichroron

What the rest is doing? Isn’t buying IBIT is by definition accumulating?

ClearSnakewood

By the time some of these “conspiracies” and theories become known facts it will be too late to fix the money and revolutionize. There’s a lot of sneaky attacks and lobbying going in as we speak and most Bitcoin plebs aren’t asleep at the wheel. The real cypherpunk ethos isn’t for everyone here… And if you wish to deal with facts that come with a government printed manual then you won’t make it here, not at this stage at least… Or you can just go and gamble for a quick fiat cuckbuck on IBIT options, or whatever Wallstreet toys there are today.

Putrid_Pollution3455

If you don’t know jack about shit, pick a chosen asset allocation to put towards Bitcoin. Buy a certain amount of IBIT every payday. That’s blackrocks spot price etf, you can buy it from any brokerage. The end. That’s the easiest way. If you want to actually make transactions with it, then you get a wallet and buy some.

BitcoinToothBro

I only buy and sell in IBIT.

vikingpower89

Buy a LEAPS call on IBIT for as far out as I could.

biophysicsguy

Not necessarily. Robinhood allows the purchase of spot BTC as well as Bitcoin ETFs that go by tickers such as IBIT, FBTC, GBTC, ARKB, etc.

uncapchad

If you are buying Bitcoin on a cryptocurrency exchange, there are no wash rules. Selling a spot Bitcoin ETF at a loss and repurchasing it (or another spot Bitcoin ETF) within 30 days does not trigger the wash sale rule, unlike with traditional securities. (IBIT, FBTC for e.g.) Important caveat: This treatment applies only to spot Bitcoin ETFs structured as grantor trusts. Bitcoin futures ETFs (like BITO), which are structured as Regulated Investment Companies (RICs), **are** subject to wash sale rules because they are classified as securities.

Thankyouclouds

Yes this is exactly why. I know it sounds regarded but some of us have partners that are absolutely terrified of this crash and are applying unnecessary stress to us and pressure to sell. You don’t get any of that when BTC is 120k. And no, not gonna leave my partner or sell but I know BTC will go up again so this stress is just SO unnecessary. I also understand the concern because my retirement & Roth account (all IBIT) is sliced in half while partner’s half is sitting pretty in SPY.

Vegetable_Squash_504

is there no IBIT subreddit ?

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Post is by: absurdcriminality and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rp2h67/the_coinbase_premium_index_has_flipped_back_above/ I ran into this fact while reading a Bitmex [blog post](https://www.bitmex.com/blog/3-trades-5-March) about trading, and it seemed worth sharing. That’s also not the only positive indicator. Spot ETF flows are in the green as well. >Spot ETF flows have rebounded to more than $1 billion over the past week. BlackRock’s IBIT leads this with daily inflows above $275 million (Feb 24–26), reversing prior cumulative outflows. Even though the charts don’t look very good, indicators are slowly starting to signal a possible reversal IMO. What do you guys think? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

LetWinnersRun

I do 20%, but I buy Call LEAPS on IBIT.

Academic_Work_8183

35% IBIT and 45% MSTR in Roth. Can’t do it with 401k with work.

Premium_Hunter

There's multiple options strategies people can use on IBIT to generate income with BTC, but thats dealing with an ETF and not your own coins.

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Post is by: SmartBunBun and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rltvrf/why_isnt_bitcoin_pumping_despite_billions_flowing/ Something I can’t quite figure out lately. Over the past few days, spot Bitcoin ETFs reportedly absorbed around **$1.4B in inflows**, yet BTC price barely moved. Normally that kind of demand should push price higher… right? A few explanations I’ve seen floating around: **1. The ETF creation mechanism might delay price impact** Authorized participants can sometimes **short ETF shares first**, then buy BTC later to create shares. So the buying pressure doesn’t always hit the spot market immediately. **2. Liquidity is already extremely concentrated** The spot ETF market is now around $130B AUM, but BlackRock’s IBIT controls \~57% of the trading volume. That raises the question whether flows are actually diversified or mostly cycling through the same channels. **3. Macro sentiment still dominates** Bitcoin has been in a pretty rough stretch recently, with months of losses and persistent fear sentiment, which might be offsetting ETF demand. Another interesting piece is that Morgan Stanley is reportedly preparing its own Bitcoin ETF entry, which could add another large distributor to the ecosystem. But I'm not sure whether that actually changes anything. So I'm curious what people here think: **Why isn’t BTC reacting more strongly to ETF inflows?** Is it: • ETF mechanics • macro sentiment • market makers hedging • or something else entirely? Would love to hear different perspectives. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Key_Bee_682

Good question. The 0.32 is against MSCI ACWI (global equities), not US large cap - the US-only figure is slightly higher at 0.35. That distinction matters because the international component dilutes the correlation. Data source is daily returns using BITO from its Oct 2021 launch through end of 2025, with IBIT spliced in from Jan 2024 when it became the more liquid instrument. Daily frequency does tend to show lower correlations than weekly or monthly - that's a fair criticism. Monthly data over the same window gives something closer to 0.38-0.40 depending on the window. Honestly 0.32 is a bit generous to Bitcoin's diversification case. If I used 0.40 the optimal allocations would come down somewhat, but the directional finding doesn't change - the correlation is still low enough relative to the return premium to improve the efficient frontier. On gold - the full optimizer on Portfolio Lab actually includes gold as one of 27 asset classes (J.P. Morgan has it at 5.5% return, 16.7% vol). In a full unconstrained optimization gold does appear alongside Bitcoin. I kept this article to the simplified 3-asset + BTC model because it's cleaner to illustrate the point, but you're right that gold adds further diversification - its correlation to Bitcoin is only about 0.15.

Bobster_O

If your capital is mainly tied in stock brokers, perhaps a simple ETF like IBIT, ETHA would be an easy way to get exposure to BTC and ETH. Crypto stocks like COIN, HOOD works well for exposure too. They are solid companies in the crypto space.

Romanizer

Absolutely, IBIT is their revenue and margin leader therefore will get the most marketing budget going forward. Didn't see any ad yet, but sounds like they want to legitimize Bitcoin as a normal asset to the masses before telling them it is the best store of value in existence.

Subject-Chest-8343

> we still didn’t manage to x2 from previous cycle top. To be fair, we also had rate hikes, and housing is so much more expensive than it was in, say, 2017. So less money laying around to buy bitcoin. Also the crazy optimism surrounding AI-adjacent stocks which sucked liquidity like a black hole, and tanked software stocks... Which for some weird reason the trading algos seem to think IBIT is a software stock. Maybe there's also the rise to 70k before the halving, following introduction of US ETFs. Maybe that partly explains why we didn't get a blow-off top. Everybody fomoing in all at once (as in 2017 and 2021), vs some getting in early, then get bored of the ''chopsolidation'' and progressively leave as others arrive, etc. Then the tariff war breaks the momentum, then calendar says bear market should start. At any rate, I think gold just proved that even an asset with a huge market cap can stil 4x on short order, if the right conditions are met. >not worth the stress of the brutal bear markets That's the flip side of the coin I guess. I still see people expecting a 75% drawdown this time, while ignoring those past drawdowns came after 10x+ moves. Why should we go down 75%, if we only had a 2x ? If you think the rallies will be lower over time, but the drawdowns will stay the same, then that means you think bitcoin is going to zero.

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Post is by: Responsible_Potato76 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/HodlyCrypto/comments/1rkra0p/bitcoin_surges_past_73k_what_this_means_for/ Bitcoin has officially reclaimed the $73,000 level today, March 4, 2026. As of now, BTC is trading around $73,200, up 7.2% in the last 24 hours. 24-hour trading volume has exploded to roughly $68-75 billion, pushing Bitcoin’s market cap above $1.46 trillion. Three clear forces right now: 1. Haven demand amid escalating geopolitical tensions, investors rotating into Bitcoin as “digital gold” while traditional markets remain under pressure. 2. Strong ETF inflows, US spot Bitcoin ETFs recorded $458 million in net inflows on March 2 alone (the strongest recent daily figure), with BlackRock’s IBIT alone pulling in $263 million. This institutional buying pressure has been consistent and is clearly supporting the breakout. 3. Major banks joining the ETF race, JP Morgan Chase has stepped up big time, now offering direct access to Bitcoin and Ethereum ETFs through its J.P. Morgan Self-Directed Investing platform and significantly boosting its own holdings in spot Bitcoin ETFs (up 64% to $343 million in BlackRock’s IBIT alone in recent filings). Additional fuel came from \~$400 million in short liquidations over the past day, accelerating the move higher. Sudden +7% pumps can feel exciting, but they also test discipline. History shows these ETF-driven rallies, especially with big banks like JP Morgan getting more involved, often mark periods of accumulation. With thin order books above $73K (limited sell walls up to $80K in some analyses), momentum could continue, but volatility remains elevated. Despite today’s strong surge past $73K, there is still significant risk in the market. We are in a US midterm election year, and history shows these years are often extremely volatile and painful for Bitcoin, with major drawdowns in past cycles (2014, 2018, 2022). And yet… this year is the perfect year to accumulate Bitcoin. I know how heavy the uncertainty feels right now, the headlines screaming, the charts swinging, but this is exactly the kind of environment where patient holders quietly build life-changing positions. Stay calm. Accumulate wisely. Not financial advice. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

AutoModerator

Post is by: ScholarPrize1335 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1rkunv8/can_someone_please_explain_to_me_how_mstr_is/ This is a genuine question. Not trying to troll anyone or make any comments about the price MSTR "should" be at. I was watching both of them today and out of curiosity pulled up the chart from the last year and the difference is staggering. MSTR needs to increase by roughly 300 % to get back to its high point. Whereas as IBIT only needs a 67% increase to get back to its high point. Is the short MSTR buy IBIT theory correct? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Aurorion

This is interesting, thanks. Can you please elaborate on how you arrived at 0.32 as the correlation with equity? Asking because this is somewhat lower than figures I've seen elsewhere. What's the interval of data - is it daily? And did you use IBIT since its launch, and BITO prior to that? Also, you used stocks/bonds/cash mix as the base. Have you considered adding gold to the mix? It may improve the performance further in terms of Sharpe/Sortino and volatility.

coinfeeds-bot

tldr; U.S. spot Bitcoin ETFs experienced a resurgence with $458 million in daily inflows on March 2, marking the first positive day of the month after a four-week outflow streak. Weekly net inflows reached $787.3 million by February 27, reversing a $2.48 billion outflow. BlackRock's IBIT led with $263.2 million, followed by Fidelity's FBTC and Bitwise's BITB. Institutional demand appears to be driving this recovery, with U.S. funds now holding approximately 1.5 million BTC, about 7% of the maximum supply. Bitcoin prices rose to $67,000–$68,000 amid this ETF-driven accumulation. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

harvested

IBIT looks to open about what it closed at, so far. Maybe you're being a bit dramatic due to your personal bias. Also, we are quite happy buying these levels, see you in a year.

Putrid_Pollution3455

if you have no idea what you're doing, just do a modern permanent portfolio: every 100 bucks toss 20 into each; IBIT, GLD, TLT, USFR, VT. Once you start, buy whatever asset is lagging the others/try to restore balance with your paychecks. When you get monthly and quarterly paychecks via interest and dividends, use that to buy whatever asset is lagging compared to the others. If this is overwhelming, just buy a target date retirement fund for your anticipated time to retire and call it a day. Godspeed.

Dangerous_Warthog603

I always found it's better to buy a stock that is the best in its industry instead of the second or third thinking they'll catch up. In addition the tax laws in the US are changing(not sure where you are)to include cryptocurrency profits being reported to the IRS. So you're better off not churning your account but HODL. You can try trading crypto in your IRA, I use IBIT for that to capture the short term moves in BTC.

Realistic-Frosting26

Buy or sell IBIT simple

OpticallyMosache

We probably do hit the 200 over the next 3-6 months. But in all the chats I've observed, there is so much liqudiity waiting for it. When the masses align on an expectation, they're usually disappointed. I still believe I'll be buying $67k some day in the future, even if I wait to buy at the 200. On its way back up, probably be DCAing and capturing $67k buys. Content doing it now. However, I'm full on native BTC. Sold the excess last year. Now I'm in the process od converting part of my retirement accounts to IBIT. Feel less neurotic watching those swing. Goal is at least 5,000 IBIT by EOY and hope for new ATH in the future. Letting it sit and in 10 years being at $500k-1M would be insane.

Awkward_Potential_

If we've always wanted Bitcoin to scale on L2s with different levels of security and decentralization, then IBIT is basically serving as an L2.

InitialResponsible62

Blackrock buys BTC for their fund IBIT to back mostly retail investment dollars coming in with BTC. IT IS Not for themselves!

9th_username

Market manipulation is illegal. If they were dumping IBIT to make money on options, that's illegal. They're also a highly unethical firm that got caught doing this exact thing in the Indian market. Plus, SBF is their most famous alumni. There's a saying about the company you keep...

ratpH1nk

IS that just semantics? Blackrock owns iShares. iShares buys the BTC and puts it in a trust. **Shareholders (Investors)** buy $IBIT and own the **shares** of the trust. When you buy a share of IBIT, you have a legal claim to a fractional amount of the Bitcoin held in the trust's vault. I am just asking because I want to make sure my understanding isn't wrong.

Bred_Slippy

They take a % fee based on its value, so BTC increasing overall usually increases their total fee take. E.g. if there were no more buyers and sellers and everyone in IBIT just held. the BTC USD price doubling would double their USD fee revenue from it.

InitialResponsible62

It has nothing to do with conviction, it has everything to do with their fund IBIT and investors buying IBIT. So they buy on behalf of the fund, not for themselves.

Snackyums

Lol, OP’s page says 500 pages of research done a day yet doesn’t know how IBIT works

uncapchad

Treat these position flows in IBIT or any other Bitcoin ETF as inventory for potential *volatility harvesting*, not long-term conviction. The despondency of retail is because of this game. Rule #20 - Never sell your Bitcoin. All those other posts warning about not being liquidity providers, shaking out weak-hands etc are probably correct.

Bred_Slippy

Agree, but they do care (IBIT's their highest revenue-generating ETF)

BTCWallahFXEmpire

IBIT is held across \~1,600–1,700 reporting entities and has hundreds of millions of shares outstanding. If you ballpark it, Jane's 20.3M shares is single-digit % of the share base. Meaningful yeah, but not dominant. Plus, they reported long positions in their 13F filings. The shorts are nowhere to be found. just CT is beating drums so they can explain why the "digital gold" fell..

flyshitbirdsfly

IBIT is what my dad recommended to me coincidentally. I like the idea of actually owning the token but maybe there’s a little bit of room for it in my Roth next year. To your other point, I see a lot of similar sentiment regarding the taming of its volatility now. Does this decrease your credence it its ability to provide ever bigger returns in the future? At what point does its growth reach a limit where holding indefinitely like an index fund no longer makes sense? Thank you for the insight.

WeakEstablishment686

Nicely done. Next move, buy IBIT in your Roth haha.

CuteMountain6514

I used to use IBIT but dumped all of that to FBTC because I trust Fidelity. I have large allocation in FBTC and MSTR. I worry somewhat but I think it is the right play for the next 5 to 10 years and beyond for that matter. I'm accumulating in fidelity tech mutual funds and S&P 500 as well.

ir88ed

For me, it comes down to who you trust. FBTC has does in-house custody, meaning Fidelity holds thier own coins. IBIT by Blackrock uses Coinbase to custody the coins. Coinbase has cooperated with oversight and been around a long time, so that is who I am most comfortable with. Also, IBIT holds significantly more BTC. They both track the BTC spot, so performance-wise they should be the same. You said the money isn't for you. Just FYI, if there are minor dependents, you can look into setting up a custodial Roth. These were 100% IBIT for me.

Fickle_Country9786

Okay, I think I’ll do this. $35K in IBIT and $35K in FBTC. Thank you everyone

Fickle_Country9786

Of course. Thank you, a good result is this is that I am now thinking of IBIT instead of FBTC. But I wonder if there is any real difference?

OpticallyMosache

I had a goal amount of BTC I wanted to keep forever. That's in cold storage. Then I had Bitcoin in excess of the goal that I wanted to sell into a high. I also stopped buying BTC when it crossed $60k on the way up. Overall, I was up about 3-400% and said that was good enough. Plus, I wanted to quit my job and not have the stress of having another job lined up. But here's where I've learned to not celebrate early. It may seem like I made a good decision but when BTC is at $250k, I'll never have re-accumulated the amount I once had. So, if I didn't have a specific reason or need for those funds - I probably wouldn't have sold. I've been rebuying recently but doing it through IBIT in my Roth and traditional IRAs. It will be pretty cool if I happen to be loading up at or near the low. However, I sold about .70 BTC and I've only re-accumulated the equivalent to 0.25 in my IRAs. It is almost certainly going to best to just accumulate until BTC is at $1M one day. Selling BTC actually feels sad. Not celebratory.

ir88ed

Hey. 55M Midwest here. I like diversity, and view BTC and the ETF's a big part of that. My biggest concern is the devaluation/inflation of the dollar. "7% gains" are just feeling good about standing still. I have maintained significant portions in market index funds (FXAIX/FNCMX/etc), but I do maintain a significant portion in IBIT, especially in my Roth accounts. So, I didn't elect to "dump it all in", but have picked a target percentage based on my overall strategy and allocated my holdings accordingly. This is going to continue to be a wild ride, so you have to have the stomach for it. If you tell anyone, they will hate you when it is winning and laugh at you when it's down.

OpticallyMosache

Ive converted parts of my Roth and traditional IRA into IBIT. Hoping we hit the bottom since I did my biggest buys in the last week.

NankerPhelgeRahrig

IBIT is way better. Much more liquid and you can sell weekly covered calls on IBIT to generate meaningful income. The other BTC ETF do not have the options liquidity to let you sell for income. Go with IBIT.

MythicMango

yes. IBIT or GBTC

OpticallyMosache

Bought 300 shares of IBIT in my Roth IRA. Does that count?

Lower_Following3325

I literally am a non bitcoiner who is salty about it? I admit I was wrong that it would go up so I put in a new buy order on what I am hoping is the low so that if it goes up again I will make 70k I have 400 shares of IBIT in my Roth, that was enough for me till this new bear market, now I think there is an opportunity to snag downside before next bull run No, once I hit my low point I will hold till 200k, it’s a very reasonable high to aim for, then I will liquidate the position and move the money into a cef or BDC (probably arcc or main or gof) to get extra passive income from what I feel is basically found money If it never goes under 50k that’s fine, I don’t want to invest at that price just like I am not buying gold at 5k an ounce

Lower_Following3325

This is why I don’t participate in crypto outside of IBIT- I am not interested in being told that when I am robbed it’s my fault

bryanchicken

This. IBIT trades at best 32.5hrs per week. Bitcoin trades 168hrs

arioch376

I think the funniest thing about this is that it could wick down to 30k and you will still miss it. If this is your plan at least do it right and set the limit order for spot BTC. When BTC bottoms it's likely going to be on low liquidity over the weekend or AH, and not when IBIT is trading.

Lower_Following3325

If I am wrong I am wrong, I think it’s going to 30k- similar to the last 80% dip I I have about 400 shares of IBIT in my Roth from when it was 24 dollars, that way if bitcoin ever mooned I would not feel left out, and that was enough Just thinking young my position at a low makes sense

WorthwhileDomains

not great. I bought a bunch of IBIT calls throughout last year for expiring in June this year, all virtually worthless now.

ChewbaccaPJs

For real, must be talking about IBIT or something..

Maritime88-

IBIT ?

Putrid_Pollution3455

Brother, trading will make you insane. If you believe in bitcoin, as an asset, then set a target allocation and sit on it. Let's say you want 1%. So if it tanks 50% you load up till it's 1% again. Or if you're doing a modern permanent portfolio, maybe you throw 20% into it along with TLT SGOV VT and GLD. Or maybe you're me, and you decided on 33% IBIT, VT, and USFR. Now some folks in this sub have more conviction than I do and they're 100%.

Rare-Beach-8126

Short IBIT

closvidal

I do CSP and CC on IBIT two to three times per week. 😁

Unbalanced_Acctnt

I chose FBTC over IBIT for those reasons and Fidelity has talked about in kind redemption of shares for actual Bitcoin. It’s not an option for retail investors yet, but hopefully in the future.

GettingFasterDude

My 16-year-old daughter wanted some Bitcoin in her savings mix (alongside money market and S&P 500 funds), so we put it in **FBTC**. I like that Fidelity embraced Bitcoin about 10 years ahead of other TradFi players, and that they self-custody the coins, unlike BlackRock's IBIT which relies on Coinbase (whose customer treatment is terrible). I also hold some FBTC in my Fidelity 401(k) for the tax perks, though most of my BTC exposure is spot Bitcoin in cold storage. Fidelity was the first major TradFi firm to let people buy spot Bitcoin and actually withdraw it to their own custody. Most others insist on holding your keys. Long term, the more regular people hold Bitcoin in cold storage, the better it can serve as a real exit from the fiat system.

Groundbreaking-Gap20

IBIT? I’m assuming that’s an ETF that tracks bitcoin, right?

WorthwhileDomains

I pray it's soon, down a shitload of money on IBIT calls for March, June, August

BlacksmithPlane3988

You can check the IBIT (Blackrock Bitcoin ETF OP references) flows easily online: https://etfdb.com/etf/IBIT/ You’ll see that the past three months saw significant net outflows. This means Blackrock is selling actual bitcoins backing the ETF. In general many institutional investors are currently decreasing their bitcoin positions, that’s just a normal reaction to a higher risk environment in the markets (eg AI uncertainty, interest rates not budging in the US, Trump being Trump). You’ll see the money go into save haven assets such as gold or the swiss franc (very overvalued lately). I wish people would see bitcoin for an investment vehicle following the same laws as any (very risky) asset and less of a tea leaves reading exercise.

svtboxer

I use IBIT and will sell calls against my shares

ms-roundhill

I am mostly in IBIT, the ETF, and I'm doing covered calls on it so that I can recover the money while Bitcoin decides what direction it wants to go in

RogerBalderer

IBIT is making it impossible for bitcointo stay up, way to tied to the market and scared boomers now

asuragana

Great step…but where are you storing it? Did you think about buying IBIT or any other etf than buying btc?

OkAdvisor249

Abu Dhabi buying 1 billion in bitcoin while retail panic sells is the signal. Big money knows something. They don't move this much on emotion. IBIT down 23% and institutions are loading up. This is textbook contrarian setup. Retail always gets it backwards

povshop

This is actually a pretty classic pattern — institutions have the patience and conviction to buy when prices are down, while retail tends to panic sell into their bids. Abu Dhabi isn't doing this by accident; a sovereign wealth fund doesn't move $1B into an asset class without serious due diligence and a long time horizon. The fact that they increased their position by 46% during a quarter where IBIT lost 23% of its value tells you everything about how they view this dip. Retail selling to institutions at these prices might be something people look back on and regret. Smart money is quietly accumulating, same story as always.

coinfeeds-bot

tldr; Abu Dhabi's sovereign wealth funds, Mubadala Investment Company and Al Warda Investments, increased their holdings in BlackRock's spot Bitcoin ETF (IBIT) during Q4 2025, despite a 23% crypto market decline. Their combined exposure now exceeds $1 billion, signaling a strategic shift to include Bitcoin as a core treasury asset. This move aligns with Abu Dhabi's broader embrace of digital assets, supported by updated regulations and infrastructure investments, positioning the city as a global hub for digital finance. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Ragnogrimmus

When the stock surges 400% over a month you will regret not holding at least some. Sentiment changes like the ocean tides. If everything stays as it is, Microstrategy will surge again in June this year and continue up until the next major sell off happens. I do not work for Motley and I do own shares in Microstrategy. IBIT is another 1 to hold on to but I would wait until April May before jumping in on them. Tax season is here and it was a record breaking year on the NYSE. So you may see some of the shorter sales sell off in the next 30 days. And another year of HUGE growth in AI and tech and BITCOIN is "INVOLVED" with big tech. This is not investment advice.

dakinekine

They didnt even buy bitcoin. They bought the Blackrock bitcoin etf IBIT. Lmao

obscureobject2574

I feel exactly the same way. Buying a few grand of IBIT twice a month since last November and will continue thru end of the year.