Key stats
About ISHARES BITCOIN TR
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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
IBIT aims to track the spot price of Bitcoin, less expenses and liabilities. It intends to provide accessibility to Bitcoin without the complexities of acquiring, holding, and trading directly through a digital asset platform. The trust is backed by Bitcoin held in cold storage, which is a safeguarding method by which the private keys corresponding to the trust’s Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CF Benchmarks Index. This serves as a once-a-day benchmark rate of Bitcoin’s USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The fund’s expense ratio and tracking should be reviewed and considered for comparison purposes.
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 290.86 T COP. It's risen 19.89% over the last month.
IBIT fund flows account for 138.94 T COP (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 10.28% over the last month, and its yearly performance shows a −82.99% decrease. See more dynamics on IBIT price chart.
NAV returns, another gauge of an ETF dynamics, showed a 24.06% increase in three-month performance and has increased by 4.73% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 24.06% increase in three-month performance and has increased by 4.73% in a year.
IBIT trades at a premium (1.67%) meaning the ETF is trading at a higher price than the calculated NAV.