Please excuse my ignorance but this question is to learn.
How exactly does an outflow happen?
I own IBIT and if I want to sell, I sell it to someone else who’s buying. In this event, doesn’t the bitcoin that blackrock holds remain constant? and we are just buying and selling our IBIT stock?
In the same sphere, how is bitcoin added to the fund? Since when I’m buying, aren’t I just buying from someone who sold and not forcing black rock to buy more bitcoin?
Thanks in advance.
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