DV
Dividend Vision

IBIT ETF — iShares Bitcoin Trust ETF

iShares Bitcoin Trust ETF (IBIT)

IBIT is an ETF that tracks the Bitcoin. As of August 28, 2026, its expense ratio is 0.25%. Fund total return is 64.9% over the past 2.6 years, 1.5 points behind SPY at 66.4%.

iShares Bitcoin Trust ETF is a physically backed fund designed to provide exposure to bitcoin price performance as an alternative to acquiring and holding bitcoin directly through digital asset exchanges. The fund does not distribute income and carries an expense ratio of 0.25%. It appeals primarily to investors seeking direct bitcoin exposure through a traditional ETF wrapper rather than through cryptocurrency exchanges or custody arrangements.

IBIT performance versus SPY

Data as of August 28, 2026.

Fund total return is 64.9% over the past 2.6 years, 1.5 points behind SPY at 66.4%. Its deepest 1-year drawdown was 53.3%.

WindowTotal returnCAGR
Since inception (2.6 years)64.9%21.00%

IBIT key facts

Data as of August 28, 2026.

Issuer
iShares
Asset type
ETF
Asset class
Equity
Inception date
01/11/2024
Expense ratio
0.25%
Distribution frequency
None
Last close
$43.90
AUM
$60,650,817,482
Average volume
76502152.0
Beta
1.8887

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: iShares fund page; Index: Bitcoin; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IBIT risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 53.3%.

Who may consider IBIT — and who may not

It is a weaker fit for investors who need monthly cash flow (IBIT does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare IBIT

IBIT vs similar funds:

Frequently asked questions

Does IBIT pay monthly?

No. IBIT does not currently distribute.

What index does IBIT track?

IBIT tracks the Bitcoin.

What is IBIT's expense ratio?

IBIT's expense ratio is 0.25%.

When does IBIT pay a dividend?

IBIT does not currently distribute.

How has IBIT performed?

Fund total return is 64.9% over the past 2.6 years, 1.5 points behind SPY at 66.4%. Its deepest 1-year drawdown was 53.3%.

More funds from iShares.