Key stats
About iShares Bitcoin Trust
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Inception date
Jan 5, 2024
Structure
Grantor Trust
Replication method
Physical
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IBIT assets under management is 72.69 B USD. It's risen 33.59% over the last month.
IBIT fund flows account for 31.47 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, IBIT doesn't pay dividends to its holders.
IBIT shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Jan 5, 2024, and its management style is Passive.
IBIT expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
IBIT follows the CME CF Bitcoin Reference Rate - New York Variant - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IBIT price has risen by 15.66% over the last month, and its yearly performance shows a 56.49% increase. See more dynamics on IBIT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 16.63% over the last month, showed a 14.40% increase in three-month performance and has increased by 16.13% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 16.63% over the last month, showed a 14.40% increase in three-month performance and has increased by 16.13% in a year.
IBIT trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.