I understand that the ETF is on a stick exchange, that would make it easier for investors to gain exposure to Bitcoin without them having the hassle of storing and buying Bitcoin. Any more ideal about the black rock Bitcoin ETF?
Some spelling mistakes, Stock*, Ideas*. Please correct them. Besides that, I think ETF approval is going to be the 2nd big factor to increase the price of BTC close to $100k easily, the current price per IBIT share is around $29 one can buy it for $29 but can't buy less then that, means people can't buy the fraction of it, they have to buy the whole, Which is a positive sign because if one is planning to invest 100 he won't because he can't buy hundred instead he would prefer to buy 4 shares instead of 3.
I might be wrong on my aforementioned statements, BlakcRock's ETF is not much of an importance alone, there are other companies do exists make good volume, overall these 11 ETFs companies have bought $800+k BTC which is not that big amount but it is going to attract more people.