iShares Bitcoin Trust (IBIT)

Profile

https://www.blackrock.com/us/individual/products/333011/ishares-bitcoin-trust

iShares Bitcoin Trust is an exchange-traded fund that provides direct exposure to bitcoin in a traditional brokerage format. The fund is structured to generally reflect the performance of the price of bitcoin, before fees and expenses, allowing investors to gain digital asset exposure without transacting on cryptocurrency exchanges or handling digital wallets and private keys. The trust primarily holds bitcoin as its sole underlying asset, with share prices designed to correspond to the value of the bitcoin it owns. It tracks a bitcoin reference rate to align with the spot market for the cryptocurrency. iShares Bitcoin Trust is used by market participants seeking regulated, exchange-traded access to bitcoin for portfolio allocation, trading, or risk management purposes. Sponsored by BlackRock’s iShares platform and headquartered in the United States, the product sits at the intersection of digital assets and traditional financial markets, facilitating easier integration of bitcoin exposure into conventional investment strategies.