Birdwatch Note Rating
2024-01-07 04:37:09 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 991A209035426D51BDB39E77B9A565674F5523024F56BCB282862C3B0A1F204F
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
All Note Details