Bitcoin futures are subject to margin requirements, collateral requirements and other limits that may prevent the ETF from achieving its objective. The price and performance of bitcoin futures should be expected to differ from the current “spot” price of bitcoin. The ETF does not invest directly in or hold bitcoin. BITS is actively managed and invests in bitcoin futures contracts. Investing involves risk, including the possible loss of principal. The largest of these addresses are thought to belong to exchanges, which are keeping their bitcoin in cold storage. Regarding ownership distribution, as of 28 December 2022, 9.62% of bitcoin addresses own 98.51% of all bitcoins ever mined. Bitcoin and bitcoin futures are subject to rapid price swings, including as a result of actions, and statements by influencers and the media, changes in the supply of and demand for bitcoin, and bitcoin futures contracts and other factors. We are excited to deepen our partnership with Multichain and work closely with the team to build out our shared vision." blockchain bitcoinBitcoin is largely unregulated and bitcoin investments may be more susceptible to fraud and manipulation than more regulated investments. We are excited to deepen our partnership with Multichain and work closely with the team to build out our shared vision." Peter Huo, Investment Director at Binance Labs, added: "Multichain is a key contributor to the multi-chain future for crypto. Peter Huo, Investment, Director at Binance Labs, added: "Multichain is a key contributor to the multi-chain future for crypto. On Monday, December 20, Multichain announced that it now officially recommended as a tool to bridge bToken across chains via Binance Smart Chain BSC, multichain ethereum binance smart chain 60m: Binance’s smart contract platform. Even more, the great crypto exchange, Binance is also building a stronger relationship with the cross-chain protocol.
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