iShares Bitcoin Trust ETF

Frequently Asked Questions About IBIT

What does IBIT invest in?

The iShares Bitcoin Trust ETF is engineered to generally replicate the market price performance of Bitcoin. Notably, this ETF is not registered as an investment company under the 1940 Investment Company Act, meaning it is not subject to the same regulatory oversight that governs mutual funds or other ETFs registered under that statute. Furthermore, the Trust is not categorized as a commodity pool according to the Commodity Exchange Act. Potential investors are strongly advised to meticulously review the prospectus, giving careful consideration to the outlined risk factors and all other essential information, before making an investment decision.

What is the expense ratio of IBIT?

iShares Bitcoin Trust ETF (IBIT) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IBIT?

iShares Bitcoin Trust ETF (IBIT) manages $64.63B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is IBIT actively managed or an index fund?

IBIT is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IBIT's is 0.25%) because there's no security selection cost.

When was IBIT launched?

iShares Bitcoin Trust ETF (IBIT) launched in January 2024 and is managed by IShares.

How has IBIT performed?

IBIT's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.