BlackRock IBIT investors are now nursing a 40% loss

BlackRock’s iShares Bitcoin Trust was marketed as the safe, professional gateway for mainstream investors, yet it has proven to be an absolute disaster. The average IBIT investor is now nursing a staggering 40% loss, with the fund’s net assets sitting $16 billion below total inflows. This "brutal intro" to crypto suggests that institutional backing provided nothing more than a more efficient way to lose money. Is the Bitcoin ETF just a trap for retail investors?
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