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Launched · SEC filings

iShares Bitcoin Trust ETF

IBITNasdaqiSharesB

$43.35−0.01 (−0.02%)

At close: Nov 2, 2026, 4:00 PM ET

B63/ 100

Rank 8 of 13 in Spot Bitcoin

B63/100Rank 8 of 13inSpot Bitcoin
Intraday session: down, 79 prints from 43.36 to 43.35. Range 43.33 to 44.12. Use the arrow keys to read each point.43.6043.8044.0010 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$62.3B
1Y total return
−30.4%
Yield · Last 12 months
No data
Holdings
2
Avg volume · 30D
45.4M sh
52W range
low $32.84high $61.39
Launched
Filings
SEC EDGAR

The ETF.net IBIT Grade

Based on 5 of 6 pillars

B

Score 63 out of 100

Category
Spot Bitcoin⁠
Rank
8 of 13
Six-pillar profile for IBIT. Scores out of 100: Cost 35, Risk 46, Mission 100, Tradability 67, Holdings not scored, Durability 94. Strongest: Mission (100). Weakest: Cost (35). Based on 5 of 6 pillars.

Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D35 out of 100
    Rank 7 of 13

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 12

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 4 of 13

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B67 out of 100
    Rank 4 of 13

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A94 out of 100
    Rank 1 of 13

Our read on IBIT

ETF.net Research

In short

BBlackRock's answer to "I want bitcoin, not a hardware wallet." It holds spot bitcoin, opened in January 2024, and has since become one of the biggest and busiest funds in the spot bitcoin group.

Stated mandate

The fund seeks to track the price of bitcoin through an exchange-traded product, providing bitcoin exposure without requiring investors to hold and custody bitcoin directly.

Why people hold it

  • Spot bitcoin, plain: the trust holds the coin and you hold shares in a normal brokerage account. No futures roll, no leverage, no seed phrase to lose.
  • Scale and turnover: a multi-billion-dollar fund and one of the most actively traded in its category, the kind of volume that usually keeps bid-ask spreads thin.
  • Single job, done cleanly: it tracks the price of bitcoin. No miner stocks, no income overlay, no leverage sleeve dressed up as bitcoin exposure.

Worth knowing

  • The 0.25% fee lands right at the category median, and several rivals holding the same asset charge less (BTC at 0.15%, BITB and HODL at 0.20%).
  • No distributions. Bitcoin's price is the entire ride, and that ride is a volatile one.
  • Young by fund standards: it launched in January 2024, so there is no long record to study, only bitcoin's own history.

IBIT Performance

Launched Jan 5, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
IBIT$6,960
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. IBIT $6,960. SPY $11,199. Use the arrow keys to read each point.$6,000$8,000$10,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for IBIT. Periods over one year show the average yearly return.
PeriodIBIT
Year to date−12.7%
1 month−8.4%
3 months+21.7%
1 year−30.4%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IBIT
YearReturn barIBIT
2026 YTD−12.7%
2025−6.4%
2024+99.2%

History from Jan 11, 2024

IBIT in the news

IBIT Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

IBIT Risk

Risk pillarC46 out of 100Rank 4 of 13 in Spot Bitcoin
How much the fund’s monthly returns vary, scaled to a year.
53.5%
Annualised · 33 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.56
vs 3-month T-bills · 33 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−53.3%
33 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.14
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

IBIT Cost

Compare IBIT and MSBT

Overpaying vs MSBT, cheapest in Spot Bitcoin

$2,227

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IBIT 0.25%

    $5,159

  • MSBT 0.14% Cheapest

    $2,932

$10,000
30 years

Cost over time

  • IBIT 0.25%
  • MSBT 0.14%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530IBIT $5,159MSBT $2,932

Year by year

YearIBITMSBTOverpaying
10$455$256$199
20$1,769$1,000$769
30$5,159$2,932$2,227

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