BlackRock iShares Bitcoin Trust ETF (IBIT)

iShares Spot

About BlackRock iShares Bitcoin Trust ETF

BlackRock iShares Bitcoin Trust ETF is a Bitcoin exchange-traded fund providing investors with exposure to Bitcoin.

BlackRock iShares Bitcoin Trust ETF Fund Details

Expense Ratio
0.25%

About The Fund

  • The iShares Bitcoin Trust ETF (IBIT) is a U.S.-based exchange-traded fund, launched on January 11, 2024, by iShares Delaware Trust Sponsor LLC, managed by BlackRock, to provide exposure to Bitcoin’s price movements.
  • Directly invests in physical Bitcoin, tracking the CF Benchmarks Index, aiming to reflect Bitcoin’s market price in U.S. dollars, less the fund’s expenses and liabilities.
  • Trades on the NASDAQ under the ticker IBIT, accessible through U.S. brokerage accounts, but not specifically noted for TFSA or RRSP eligibility due to its U.S. domicile.
  • IBIT’s stock price, 52-week range, year-to-date return, and assets under management fluctuate with market conditions. For the latest figures, refer to financial websites such as Yahoo Finance.
  • High risk due to Bitcoin’s volatility, lack of Investment Company Act of 1940 protections, and its speculative nature; suitable for investors with a high risk tolerance and cryptocurrency knowledge.
  • Management and Fees: Passively managed with a 0.25% expense ratio, leveraging Coinbase Prime for custody; full details on fees and risks are in the prospectus.

BlackRock iShares Bitcoin Trust ETF Information

Ticker SymbolIBIT
IssueriShares
Expense Ratio0.25%
Fund TypeSpot
Custodian Coinbase Custody
Bitcoin Only✓ Yes
Fund Inception2024-01-05
RegulatorU.S. Securities and Exchange Commission (SEC)

Investment Strategy

Pure Bitcoin Spot

Market Performance

YTD Return
+3.98%
1 Year Return
+142.50%
Avg Volume
51,552,848
📄 View Fund Prospectus

About iShares

  • iShares offers the iShares Bitcoin Trust (IBIT – $33+ billion AUM) and iShares Ethereum Trust (ETHA). IBIT is the largest and fastest-growing spot Bitcoin ETF globally.

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