Bitwise: Investing in BITB is subject to high risk and high volatility. Investing in this fund is not investing in BTC.
2024-11-20 23:38:28
Bitwise posted on the X platform that the Bitwise Bitcoin ETF (BITB) is not a fund registered under the Investment Company Act of 1940 (the "40 Act") and is therefore not regulated by the Act. Investing in BITB involves significant risks, including possible loss of principal. Investing in BITB is subject to high risk and high volatility, and digital assets are not suitable for investors who cannot afford to lose all their investments. Investing in this fund is not an investment in Bitcoin.