NEW YORK–(BUSINESS WIRE)–BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), begins trading today on Nasdaq. IBIT seeks to track the performance of the price of bitcoin and carries a 0.25% sponsor fee with a one-year waiver reducing the fee to 0.12% on the first $5B assets under management (AUM)1.
“The launch of the iShares Bitcoin ETF advances ETF innovation and expands access to bitcoin for investors,” said Dominik Rohe, Head of Americas iShares ETF and Index Investing business at BlackRock. “For the first time, investors will be able to incorporate bitcoin in a consistent, convenient, and cost-effective way, alongside other asset classes like stocks and bonds, in their brokerage account.”
The iShares Bitcoin Trust ETF is underpinned by the same institutional grade technology and risk management expertise used for iShares’ 1,300 ETFs. IBIT is a key milestone in the firm’s digital assets initiative exemplifying BlackRock’s expertise in ETFs and fina
We współpracy z: https://thenewscrypto.com/blackrocks-ibit-debuts-on-nasdaq/
