Summary
BlackRock’s product page for the iShares Bitcoin Trust ETF (IBIT), the largest Bitcoin ETF by assets under management. Holds Bitcoin directly; expense ratio 0.25%.
Key Points
- Expense ratio: 0.25%.
- Performance (1yr, as of data): -7.08% total return; -6.41% market price.
- YTD (to data date): -7.08%.
- The fund’s since-inception return (launched Jan 2024): 98.49% total return.
- Performance shows Bitcoin’s volatility: -23.51% over 3 months; -18.87% over 6 months at point of capture.
- Fund holds actual Bitcoin; quantity reported as number of BTC held.
Newsletter Angles
- IBIT’s since-inception return of ~98% demonstrates Bitcoin’s strong performance from the January 2024 ETF approval through the bull market peak.
- The YTD -7% suggests the 2025-2026 correction from $120K highs.
- This ETF represents institutional normalization of Bitcoin as investable asset — mainstream financial product from the world’s largest asset manager.
Concepts Mentioned
- Strategic Bitcoin Reserve — IBIT’s existence as a liquid institutional vehicle makes Bitcoin more reserve-asset-viable
- El Salvador Bitcoin Experiment — contrast: individual country mandate vs. institutional ETF wrapper
Notes
Product page, not editorial content. Performance data reflects a snapshot in time and will change. Useful for demonstrating that Bitcoin has become a mainstream institutional asset class.