Exchanges· ★★★· neutral·

BlackRock's IBIT holds about 815,000 BTC with no dedicated insurance

  • —IBIT holds about 815,000 BTC valued near $63 billion
  • —No dedicated insurance covers the trust's bitcoin
  • —Coinbase's $320 million crime policy is shared across clients
  • —Custodian liability is capped at $100 million per cold wallet
Why it matters: IBIT investors bear custodian failure risk without full insurance cover, a key factor in assessing ETF risk.
#BTC
Source: TokenPost
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