Underlying asset: Bitcoin

iShares Bitcoin Trust IBIT

Bitcoin ETF

iShares Bitcoin Trust Overview

Fund Name
iShares Bitcoin Trust
Ticker
IBIT
Listing Exchange
Nasdaq
Fund Family / Issuer
BlackRock / iShares
Underlying Asset
Bitcoin

Additional details

Exposure
Spot Bitcoin held by the trust.
Fund Structure
Exchange-traded commodity trust, not registered under the Investment Company Act of 1940.
Annual sponsor fee
0.25%
Fee Assessment Base
Net asset value.
Effective Annual Charge
0.25%
Benchmark
CME CF Bitcoin Reference Rate – New York Variant (BRRNY)
Custody Appointments
Coinbase; Bitcoin custodian; Coinbase can be liable for negligence in safeguarding the trust's Bitcoin, subject to contractual caps and exclusions. Trade-credit liens can reach custody balances.Anchorage Digital; Additional custodian, appointed 2025; Per the report for the quarter ended June 30, 2026, the sponsor has no current plans to move the trust's Bitcoin to Anchorage. Its appointment is not an equal split or proof of diversified custody. Anchorage has different terms for an extended transition after termination.
Retail Asset Redemption
Individual shares cannot be redeemed with the fund for Bitcoin sent to your wallet. Retail investors buy and sell shares on the market; authorized participants use a separate creation and redemption process.
30-day Median Bid/Ask Spread
0.02%As of Sep 24, 2026
Fund Assets
USD 67,313,318,647As of Sep 24, 2026
Net assets
Issuer-reported inception
Jan. 5, 2024, seed-basket Bitcoin purchase
First exchange trading
Jan. 11, 2024

iShares Bitcoin Trust Price Chart

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iShares Bitcoin Trust About

The iShares Bitcoin Trust ETF (IBIT) is a U.S. spot Bitcoin exchange-traded product from BlackRock. Its shares trade on Nasdaq and provide exposure to Bitcoin held by the trust, less fund expenses. IBIT began trading on January 11, 2024.

Bitcoin Exposure and Ownership

Investors buy and sell IBIT shares through a brokerage account. The trust holds Bitcoin, while shareholders hold an interest in the trust. Owning shares does not give an ordinary retail investor control of the fund's private keys or Bitcoin that can be transferred to a personal wallet.

Fees and Trading Costs

IBIT charges a 0.25% annual sponsor fee. The fund charge reduces the assets supporting each share over time. Brokerage charges and the bid-ask spread can add to the cost of buying or selling.

Risks

IBIT remains exposed to Bitcoin price volatility and custody risks. Its market price can differ from net asset value. The trust is not registered under the Investment Company Act of 1940 and does not receive that Act's investor protections.

Read our IBIT review for the fund assessment.

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