iShares Bitcoin Trust ETF Sees 100% NAV Growth in 2024
Ticker: IBIT · Form: 10-K · Filed: Mar 5, 2025 · CIK: 1980994
| Field | Detail |
|---|---|
| Company | Ishares Bitcoin Trust Etf (IBIT) |
| Form Type | 10-K |
| Filed Date | Mar 5, 2025 |
| Risk Level | high |
| Sentiment | bullish |
Sentiment: bullish
Topics: bitcoin, etf, performance, crypto
Related Tickers: BTC-USD
TL;DR
IBIT ETF up 100% in 2024, $37B in BTC costs. Big year!
AI Summary
The iShares Bitcoin Trust ETF, reporting for the fiscal year ending December 31, 2024, experienced a net increase in net assets per share of 100.02%. The Trust's cost of investment in bitcoin was $37,372,942,571. This filing covers the period from January 10, 2024, the effective date, through December 31, 2024.
Why It Matters
This filing provides key financial performance data for the iShares Bitcoin Trust ETF, indicating significant growth in its net asset value, which is directly tied to the performance of Bitcoin.
Risk Assessment
Risk Level: high — The value of the Trust is directly tied to the volatile price of Bitcoin, making it inherently risky.
Key Numbers
- $37.37B — Cost of Investment in Bitcoin (Represents the total investment in Bitcoin as of December 31, 2024.)
- 100.02% — Net Increase in Net Assets Per Share (Indicates significant growth in the ETF's value during the reporting period.)
- 100.00% — Net Increase in Net Assets (Reflects the overall growth of the Trust's assets.)
Key Players & Entities
- iShares Bitcoin Trust ETF (company) — Filer of the 10-K report
- 2024-12-31 (date) — Fiscal year end
- 2025-03-05 (date) — Filing date
- 2024-01-10 (date) — Effective date of the Trust
- $37,372,942,571 (dollar_amount) — Cost of investment in bitcoin
- 100.02% (dollar_amount) — Net increase in net assets per Share
- iShares Delaware Trust Sponsor, LLC (company) — Sponsor of the Trust
FAQ
What was the total cost of the iShares Bitcoin Trust ETF's investment in Bitcoin as of December 31, 2024?
The cost of investment in bitcoin was $37,372,942,571.
What was the net increase in net assets per share for the iShares Bitcoin Trust ETF during the period ending December 31, 2024?
The net increase in net assets per share was 100.02%, based on average shares outstanding during the year.
When was the iShares Bitcoin Trust ETF's effective date?
The effective date was January 10, 2024.
What is the business address of the iShares Bitcoin Trust ETF's sponsor?
The business address is C/O ISHARES DELAWARE TRUST SPONSOR, LLC, 400 HOWARD STREET, SAN FRANCISCO, CA 94105.
What were the realized gains and losses for the iShares Bitcoin Trust ETF during the period?
The Trust includes $132,278,310 of realized gains and $(9,714,657) of realized losses.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 5, 2025 regarding iShares Bitcoin Trust ETF (IBIT).