iShares Bitcoin Trust ETFIBIT
What iShares Bitcoin Trust ETF does.
The iShares Bitcoin Trust ETF (the “Trust”) was formed as a Delaware statutory trust on June 8, 2023. The Trust is governed by the provisions of the Third Amended and Restated Trust Agreement (the “Trust Agreement”) executed by iShares Delaware Trust Sponsor LLC, as sponsor (the “Sponsor”), BlackRock Fund Advisors, as trustee (the “Trustee”), and Wilmington Trust, National Association, as Delaware trustee (the “Delaware Trustee”), dated as of June 27, 2025.
The purpose of the Trust is to own bitcoin purchased by the Trust in exchange for the shares issued by the Trust (the “Shares”). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The owners of the beneficial interests in the Shares are the “Shareholders.” The assets of the Trust consist primarily of bitcoin held by a custodian on behalf of the Trust. The Sponsor and the Trustee are consolidated subsidiaries of BlackRock, Inc. (“BlackRock”). Coinbase Custody Trust Company, LLC serves as the custodian for the Trust’s bitcoin holdings (the “Bitcoin Custodian”); Anchorage Digital Bank N.A. serves as an additional available custodian for the Trust’s bitcoin holdings (the “Additional Bitcoin Custodian”); Coinbase, Inc. (“Coinbase Inc.” or the “Prime Execution Agent”), an affiliate of the Bitcoin Custodian, serves as the Trust’s prime execution agent; and The Bank of New York Mellon serves as the custodian for the Trust’s cash holdings (the "Cash Custodian”) and as the administrator of the Trust (the “Trust Administrator”). The Bitcoin Custodian, the Additional Bitcoin Custodian, and the Cash Custodian are collectively referred to as the “Custodians.”
Revenue and profit, by fiscal year.
| Fiscal year | 2024 | 2025 |
|---|---|---|
| Net income | $14.2B | -$9.0B |
More on IBIT.
- iShares Bitcoin Trust ETF summary
- iShares Bitcoin Trust ETF financial statements
- iShares Bitcoin Trust ETF key metrics
- iShares Bitcoin Trust ETF health scores and style box
- iShares Bitcoin Trust ETF earnings
- iShares Bitcoin Trust ETF dividends
- iShares Bitcoin Trust ETF valuation
- iShares Bitcoin Trust ETF ownership and insiders
- iShares Bitcoin Trust ETF peers
Figures from iShares Bitcoin Trust ETF's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.