iShares Bitcoin Trust ETF
$47.13+0.27 (+0.58%)
- 0.25%
- $66.3B
- −29.2%
- 47.6M sh
- $46.63
- low $32.84high $65.97
The ETF.net IBIT Grade
B
Score 63 out of 100
- 8 of 13
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 100Rank 7 of 13Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 12Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 6 of 13Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B67 out of 100Rank 4 of 13Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A86 out of 100Rank 1 of 13
Our read on IBIT
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.
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 Holdings
- Other
- 2
- 100%
- Bitcoin
IBIT Performance
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$7,079
Returns run to the Oct 12, 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.
| Period | IBIT |
|---|---|
| Year to date | −5.6% |
| 1 month | +7.1% |
| 3 months | +29.3% |
| 1 year | −29.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IBIT |
|---|---|---|
| 2026 YTD | −5.6% | |
| 2025 | −6.4% | |
| 2024 | +99.2% |
IBIT in the news
IBIT Dividends
No distributions in the last 12 months.
IBIT Risk
- 53.8%
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.
- 0.63
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.
- −53.3%
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.
- 2.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IBIT Cost
0.25%
IBIT0.25%
- The middle half of Spot Bitcoin funds
- Median 0.23%
6 of the 12 Spot Bitcoin funds charge less.
Other funds in Spot Bitcoin
- BARKBARK 21Shares Bitcoin ETFExpense ratio 0.21%1 year return −29.2%
- BFBTCFidelity Wise Origin Bitcoin FundExpense ratio 0.25%1 year return −29.2%
- BBTCOInvesco Galaxy Bitcoin ETFExpense ratio 0.25%1 year return −29.2%
- BGBTCGrayscale Bitcoin Trust ETFExpense ratio 1.50%1 year return −30.1%
- CBTCWWisdomTree Bitcoin FundExpense ratio 0.25%1 year return −29.1%