Birdwatch Note Rating
2024-01-19 11:58:23 UTC - HELPFUL
Rated by Participant: 8192FA04E299CD16CF98978E54464CABD4DA6C6F44D97A9F5B5A9391E5F59E98
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