iShares Bitcoin Trust

The iShares Bitcoin Trust (IBIT) is an exchange-traded fund (ETF) launched on January 5, 2024, by BlackRock, the world's largest asset manager. This ETF provides investors with exposure to bitcoin without the complexities of direct ownership, such as storage and security concerns. By tracking the CME CF Bitcoin Reference Rate – New York Variant, IBIT offers a regulated and transparent avenue for investing in bitcoin. (ishares.com)

Since its inception, IBIT has experienced significant growth, becoming the fastest-growing U.S. ETF in history by reaching $10 billion in assets within two months. This rapid expansion reflects the increasing demand for bitcoin investment vehicles among both institutional and retail investors. (ft.com). The fund's sponsor fee is 0.25%, making it a cost-effective option for investors seeking bitcoin exposure through a traditional financial instrument. (ishares.com)