Birdwatch Note Rating
2024-01-07 09:58:00 UTC - HELPFUL
Rated by Participant: 0CF4D082ABB646D29BA4976053A7488257B59BF0B847C64B2E91E152E4704830
Participant Details
Original Note:
This is absolutely false, and is dangerous misinformation for potential investors. If you own units of the ETF, you own a claim on the Bitcoin, but you DO NOT own the bitcoin itself. (Unless he means the trivial case of the general managers of the ETF, such as BlackRock…) https://www.sec.gov/about/reports-publications/investor-publications/introduction-mutual-funds
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