WHAT RISKS WOULD A BITCOIN ETF INVESTOR FACE IF THE SPONSOR OR CUSTODIAN FAILS

The United States-listed Bitcoin Exchange Trading Fund (ETF) currently holds approximately 1.25 million bitcoin worth over $100 billion. However, a small number of shareholders holding these funds have read the terms of the call note on how the funds would be treated in the event of the collapse of the fund ' s sponsors or custodians. The iSharesbitcoin Trust (IBIT) of Blackstone is one of them。