Birdwatch Note Rating
2024-01-18 15:46:22 UTC - NOT_HELPFUL
Rated by Participant: 3B9398279CDF7770CF35324ECA71F07DE51A96AED9CFC8CB66BB820545EC3A1A
Participant Details
Original Note:
The 25,067 BTC are actually held by Coinbase, not BlackRock. As stated by iShares Bitcoin Trust (IBIT) landing page: "The Bitcoin Custodian is Coinbase (...), which is not affiliated with BlackRock." BlackRock is not responsible for holding-related activities, like BTC losses. https://www.ishares.com/us/products/333011/ishares-bitcoin-trust
All Note Details