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 $67.1 billion in assets under management. It holds the top spot among 11 funds in its category, though it ranks 409th out of 458 across all ETFValuer categories. The fund carries a D grade with a score of 42.9 out of 100, reflecting its current standing. Its expense ratio of 0.25% aligns exactly with the category median, while it offers no dividend yield compared to the median 1.88%. Holdings breakdown data is not available for this trust.

Price action shows the ETF trading at $45.96, which sits at 39.6% of its 52-week range between $32.84 and $65.97. Short-term returns have been negative, with one-day and one-week declines of 0.22% and 0.41% respectively, while the one-month period saw a 3.87% drop. Conversely, the three-month horizon delivered a strong 24.99% gain, contrasting with a 4.41% rise over six months. Year-to-date performance is down 9.78%, and the one-year return of -24.91% matches the category median. The rating has remained unchanged at grade D over the last 35 tracked days, and the analysis is limited by only 2.8 years of price history.

The fund exhibits Very High volatility at 45.00% annualized, indicating significant price fluctuations. A maximum drawdown of -53.30% highlights the extent of recent peak-to-trough losses. The Sharpe ratio of -0.66 suggests that risk-adjusted returns have been negative during the measured period. Liquidity is robust, with an average daily volume of 46,547,918 shares facilitating easy entry and exit. Beta data is not provided, so direct correlation to market movement cannot be quantified from the available metrics.

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

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

IBIT Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 46.5M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $67.1B 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