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<p>IDK if this is going to be worth it.

I was looking through the recent @BlackRock filing for PBIT, a proposed Bitcoin ETF.

The trade-off: your gains would be capped in exchange for seeking to limit your losses when Bitcoin falls.

Imagine you invest $1,000:

• BTC falls 30%: $700 in BTC vs. $900 if the fund loses 10%.
• BTC rises 50%: $1,500 in BTC vs. $1,200 if the fund gains 20%.

This is essentially what they are trying to do, and although it's still in the works.

I’m wondering: is this something people would want?</p>

IDK if this is going to be worth it.
I was looking through the recent @BlackRock filing for PBIT, a proposed Bitcoin ETF.
The trade-off: your gains would be capped in exchange for seeking to limit your losses when Bitcoin falls.
Imagine you invest $1,000:
• BTC falls 30%: $700 in BTC vs. $900 if the fund loses 10%.
• BTC rises 50%: $1,500 in BTC vs. $1,200 if the fund gains 20%.
This is essentially what they are trying to do, and although it's still in the works.
I’m wondering: is this something

IDK if this is going to be worth it. I was looking through the recent @BlackRock filing for PBIT, a proposed Bitcoin ETF. The trade-off: your gains would be capped in exchange for seeking to limit your losses when Bitcoin falls. Imagine you invest $1,000: • BTC falls 30%: $700 in BTC vs. $900 if the fund loses 10%. • BTC rises 50%: $1,500 in BTC vs. $1,200 if the fund gains 20%. This is essentially what they are trying to do, and although it's still in the works. I’m wondering: is this something people would want?

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