PANews reported on January 14 that Jay Jacobs, head of thematic and active ETFs at BlackRock in the United States, said that the launch of the iShares Bitcoin ETF (IBIT) provides investors with a convenient channel for Bitcoin investment. IBIT operates in the form of an ETF and can be traded through a traditional securities account without the need to open an additional crypto account or undertake complex custody arrangements.
IBIT's three major advantages:
1. Easy access : Investors can trade IBIT directly in their existing brokerage accounts and manage their portfolios alongside stocks and other ETFs.
2. Reduce complexity : Simplify the investment process without facing high transaction fees and security challenges.
3. Technology Integration : IBIT is operated by BlackRock, the world’s largest asset management company, and is combined with top-level institutional-grade digital asset custody technology provided by Coinbase Prime.
The rapid popularity of Bitcoin, coupled with the convenience of IBIT, provides a new way for investors to enter the digital asset field.
