Do Bitcoin ETF fund companies trade their holding?

Bitcoin ETF fund companies typically do not actively trade their holdings. Instead, they follow a passive investment strategy designed to track the performance of Bitcoin. The primary goal of these funds is to mirror the price movements of Bitcoin as closely as possible, rather than to outperform the market through active trading. This means they hold Bitcoin or Bitcoin futures contracts and adjust their holdings only to reflect changes in the index or to manage inflows and outflows of investor capital.