IBIT ETF — iShares Bitcoin Trust ETF

iShares Bitcoin Trust ETF (IBIT)

IBIT is an ETF that tracks the Bitcoin. As of August 19, 2026, its distribution rate is 0.00%, its expense ratio is 0.25%. Fund total return is 37.4% over the past 2.6 years, 28.6 points behind SPY at 66.0%.

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 19, 2026.

Fund total return is 37.4% over the past 2.6 years, 28.6 points behind SPY at 66.0%. Its deepest 1-year drawdown was 53.3%.

IBIT key facts

Data as of August 19, 2026.

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

01/11/2024

Expense ratio

0.25%

Distribution rate

0.00%

Distribution frequency

None

Last close

$36.60

AUM

$46,960,098,474

Average volume

28501172.0

Beta

1.8887

How Dividend Vision calculates yield and returns

Distribution rate (0.00%) 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 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 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:

• IBIT vs FBTC
• IBIT vs GBTC
• IBIT vs BITB
• IBIT vs ARKB
• IBIT vs BITO
• IBIT vs BTCI

Frequently asked questions

More funds from iShares.