$IBIT just took a beating. The iShares Bitcoin Trust is down about 16.7% over the past 30 days, near $38.92 (intraday as of ~9:50 AM PT on Nov 13 — not the offi

$IBIT just took a beating. The iShares Bitcoin Trust is down about 16.7% over the past 30 days, near $38.92 (intraday as of ~9:50 AM PT on Nov 13 — not the official close; the blog had the drop closer to -15.5%). Why it went down: this fund is basically 100% bitcoin. The write-up points to sustaine…