# iShares Bitcoin Trust ETF (IBIT): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ibit for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: IShares · Asset class: Alternatives - Strategy: Passive Index · Inception: 2024-01-05 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 esse... ## Key Facts | Metric | Value | |---|---| | Price | $46.14 | | Expense Ratio | 0.25% | | Assets Under Management | $64.63B | | NAV | $45.18 | | Holdings Count | 1 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $32.84 – $64.51 | | Beta | 2.14 | ## Frequently Asked Questions ### 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. ### Does IBIT pay a dividend? iShares Bitcoin Trust ETF (IBIT) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does IBIT pay dividends? iShares Bitcoin Trust ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is IBIT's dividend yield? IBIT's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is IBIT's next ex-dividend date? IBIT hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will IBIT's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.25% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does IBIT charge its expense ratio? The expense ratio is deducted in tiny daily slices from IBIT's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does IBIT cost more than a fund like VOO? IBIT is a passive index fund (current expense ratio 0.25%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to IBIT? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as IBIT (0.25%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ibit - Distribution history: https://www.dividenddata.com/funds/ibit/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ibit/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ibit/expenses - Peer comparison: https://www.dividenddata.com/funds/ibit/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.