iShares Bitcoin Trust Files 8-K with Material Agreements
Ticker: IBIT · Form: 8-K · Filed: Jul 26, 2024 · CIK: 1980994
| Field | Detail |
|---|---|
| Company | Ishares Bitcoin Trust (IBIT) |
| Form Type | 8-K |
| Filed Date | Jul 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, material-agreement, financials
TL;DR
iShares Bitcoin Trust filed an 8-K on 7/26, reporting material agreements and financial docs.
AI Summary
On July 26, 2024, iShares Bitcoin Trust filed an 8-K report. The filing indicates an entry into a material definitive agreement and includes financial statements and exhibits. The trust is incorporated in Delaware and its principal executive offices are located at 400 Howard Street, San Francisco, California.
Why It Matters
This filing signals significant contractual developments for the iShares Bitcoin Trust, potentially impacting its operations and investor relations.
Risk Assessment
Risk Level: low — This is a routine filing reporting material agreements and financial statements, not indicating immediate operational or financial distress.
Key Numbers
- 001-41914 — SEC File Number (Identifies the specific filing for the iShares Bitcoin Trust)
- 93-6461129 — IRS Employer Identification No. (Tax identification number for the trust)
Key Players & Entities
- iShares Bitcoin Trust (company) — Registrant
- July 26, 2024 (date) — Date of Report
- 400 Howard Street, San Francisco, California 94105 (location) — Principal executive offices
- iShares Delaware Trust Sponsor LLC (company) — Sponsor
FAQ
What type of material definitive agreement was entered into by iShares Bitcoin Trust?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into.
What is the significance of the financial statements and exhibits included in this filing?
The financial statements and exhibits provide updated financial information and supporting documentation for the iShares Bitcoin Trust.
When was the iShares Bitcoin Trust incorporated?
The filing states the iShares Bitcoin Trust is incorporated in Delaware, but does not provide the specific incorporation date.
Who is listed as the sponsor for the iShares Bitcoin Trust?
iShares Delaware Trust Sponsor LLC is listed as the sponsor for the iShares Bitcoin Trust.
What is the primary business activity of the iShares Bitcoin Trust?
The filing lists the Standard Industrial Classification as [6221] and Organization Name as '09 Crypto Assets', indicating its focus on cryptocurrency assets.
Filing Stats: 575 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-07-26 16:43:46
Filing Documents
- bit20240726_8k.htm (8-K) — 35KB
- ex_703962.htm (EX-4.1) — 11KB
- 0001437749-24-023611.txt ( ) — 181KB
- noticker-20240726.xsd (EX-101.SCH) — 3KB
- noticker-20240726_def.xml (EX-101.DEF) — 12KB
- noticker-20240726_lab.xml (EX-101.LAB) — 15KB
- noticker-20240726_pre.xml (EX-101.PRE) — 12KB
- bit20240726_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On July 26, 2024, iShares Delaware Trust Sponsor LLC (the "Sponsor"), sponsor of iShares Bitcoin Trust (the "Trust"), and BlackRock Fund Advisors, in its capacity as trustee of the Trust (the "Administrative Trustee"), entered into the Amendment No. 1 to the Second Amended and Restated Trust Agreement (the "Amendment No. 1") to reflect the change in the name of the Trust from iShares Bitcoin Trust to iShares Bitcoin Trust ETF, effective 12:01 a.m. on August 8, 2024. The foregoing description of the Amendment No. 1 does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment No. 1, which has been filed with this Current Report on Form 8-K as Exhibit 4.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 4.1 Amendment No. 1 to the Second Amended and Restated Trust Agreement, dated as of July 26, 2024, by and between iShares Delaware Trust Sponsor LLC and BlackRock Fund Advisors 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. Date: July 26, 2024 iShares Bitcoin Trust* By: iShares Delaware Trust Sponsor LLC By: /s/ Shannon Ghia Name: Shannon Ghia Title: Director, President and Chief Executive Officer * The registrant is a trust. The individual specified above is signing in her capacity as an officer and/or authorized signatory of iShares Delaware Trust Sponsor LLC, the sponsor of the Trust.