iShares Bitcoin Trust fund
Overview
BlackRock's iShares Bitcoin Trust, trading under the ticker IBIT, is a spot bitcoin exchange-traded fund that launched in January 2024 as part of the initial cohort of U.S. spot bitcoin ETFs authorised by the SEC. The product holds bitcoin directly, meaning its share price reflects the spot price of the cryptocurrency minus fees. IBIT subsequently became the world's largest bitcoin ETP by assets and the most actively traded.
Within The Counterparty graph, iShares Bitcoin Trust connects to 8 tracked entities, most strongly to Bitcoin (BTC), BlackRock, SEC.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 8 of 8 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Bitcoin (BTC) | 95% |
owns | BlackRock | 95% |
regulated_by | SEC | 95% |
custodied_by | Coinbase Custody | 95% |
custodian_for | Coinbase Custody | 95% |
custodian_for | Anchorage Digital | 90% |
involves | BlackRock IBIT Adds Anchorage as Additional BTC Custodian | 90% |
competes_with | Fidelity Wise Origin Bitcoin Fund | 85% |
Frequently asked questions
What is iShares Bitcoin Trust?
iShares Bitcoin Trust is a fund tracked in The Counterparty knowledge graph. It is connected to 8 other tracked entities, most strongly to Bitcoin (BTC), BlackRock, SEC.
What type of entity is iShares Bitcoin Trust?
iShares Bitcoin Trust is classified as a fund (fund) in The Counterparty knowledge graph.
What is iShares Bitcoin Trust connected to?
In The Counterparty knowledge graph, iShares Bitcoin Trust is linked to 8 other tracked entities, most strongly to Bitcoin (BTC), BlackRock, SEC.