IBIT — iShares Bitcoin Trust ETF

IBIT Price Performance — Growth of $10,000

Value of a $10,000 investment in IBIT over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

IBIT Drawdown

The "underwater" chart: IBIT's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Bitcoin Trust ETF (IBIT) is a crypto-focused fund issued by iShares with $61.4 billion in assets under management. It holds the top rank of 1 out of 11 in its category and sits at #416 of 458 across all tracked ETFs. The fund carries an ETFValuer grade of D, reflecting a score of 41.4 out of 100. Its expense ratio of 0.25% matches the category median, while its dividend yield of 0.00% also aligns with the sector norm. Holdings breakdown data is not available for this trust.

Price action shows the ETF trading at $44.29, which is 29.4% of its 52-week range between $32.84 and $71.82. Short-term momentum is positive, with one-month returns of +22.25% and three-month gains of +26.04%. This contrasts sharply with the one-year return of -30.47%, which trails the category median of -30.44%. Year-to-date performance remains negative at -13.05%. The D grade has remained unchanged over the last 35 tracked days. Historical analysis is limited by only 2.6 years of price history, preventing a valid three-year return assessment.

The fund exhibits Very High volatility at 45.21% annualized, with no beta data provided. A Sharpe ratio of -0.78 indicates poor risk-adjusted returns relative to the risk taken. Maximum drawdowns have reached -53.30%, highlighting significant downside potential. Liquidity is robust, supported by an average daily volume of 47,044,646 shares and a tight bid-ask spread of 0.05%. These metrics collectively describe a highly volatile asset with substantial historical losses.

AI-generated summary based on the data on this page.

Market Backdrop

10-Year Treasury Yield: 4.80% (as of 2026-09-08) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 15.72 (as of 2026-09-08) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IBIT Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.05% and average daily volume is 47.0M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $61.4B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: IBIT is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

IBIT Performance History

How IBIT Compares to Other Crypto ETFs