iShares Bitcoin Trust ETF IBIT

Financials SIC 6221 - Commodity Contracts Brokers & Dealers Nasdaq

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."

Last close 45.23 2026-09-04
Market cap $58.86B 2026-06-30 share count
52-week range 32.84 - 71.82

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023
Total operating expenses $174.6M$47.5M
Operating income -$174.6M-$47.5M
Net income -$8.97B$14.23B
EPS, basic -7.4626.93

Cash flow

Fiscal year FY2025FY2024FY2023
Operating cash flow -$19.91B-$37.31B
Financing cash flow $19.91B$37.31B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-006058.

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