Key stats
About iShares Bitcoin Trust
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Inception date
Jan 5, 2024
Structure
Grantor Trust
Dividend treatment
Capitalizes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
BlackRock Fund Advisors
Established on June 8, 2023, iShares Bitcoin Trust (IBIT) was launched by BlackRock, a leading global asset manager and ETF provider. The trust allows investors to incorporate Bitcoin into a standard brokerage account. In addition to its pricing aspect, IBIT's appeal lies in its ability to alleviate the operational challenges linked to the direct holding of Bitcoin, along with the potential mitigation of substantial trading expenses and complexities in tax reporting.
Classification
Symbol
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history