iShares Bitcoin Trust ETF Enters Material Agreement

Ticker: IBIT · Form: 8-K · Filed: 2025-04-08T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, etf, bitcoin

TL;DR

iShares Bitcoin Trust ETF signed a big deal on 4/7/25. Details in new 8-K.

AI Summary

On April 7, 2025, iShares Bitcoin Trust ETF (formerly known as iShares Bitcoin Trust) entered into a material definitive agreement. The filing also includes financial statements and exhibits related to this agreement. The company's principal executive offices are located at 400 Howard Street, San Francisco, California.

Why It Matters

This filing indicates a significant new agreement for the iShares Bitcoin Trust ETF, which could impact its operations and future strategy in the cryptocurrency investment space.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the ETF's performance and its underlying assets.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by iShares Bitcoin Trust ETF?

The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on April 7, 2025.

When was the earliest event reported in this 8-K filing?

The earliest event reported was on April 7, 2025.

What is the SEC file number for the iShares Bitcoin Trust ETF?

The SEC file number for the iShares Bitcoin Trust ETF is 001-41914.

Where are the principal executive offices of the iShares Bitcoin Trust ETF located?

The principal executive offices are located at c/o iShares Delaware Trust Sponsor LLC, 400 Howard Street, San Francisco, California 94105.

Has the iShares Bitcoin Trust ETF undergone a name change?

Yes, the filing indicates a former company name of 'iShares Bitcoin Trust' with a date of name change on June 9, 2023.

From the Filing

0001437749-25-011313.txt : 20250408 0001437749-25-011313.hdr.sgml : 20250408 20250408085108 ACCESSION NUMBER: 0001437749-25-011313 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250407 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250408 DATE AS OF CHANGE: 20250408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares Bitcoin Trust ETF CENTRAL INDEX KEY: 0001980994 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets EIN: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41914 FILM NUMBER: 25820401 BUSINESS ADDRESS: STREET 1: C/O ISHARES DELAWARE TRUST SPONSOR, LLC STREET 2: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-670-6416 MAIL ADDRESS: STREET 1: C/O ISHARES DELAWARE TRUST SPONSOR, LLC STREET 2: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 FORMER COMPANY: FORMER CONFORMED NAME: iShares Bitcoin Trust DATE OF NAME CHANGE: 20230609 8-K 1 bit20250404_8k.htm FORM 8-K bit20250404_8k.htm false 0001980994 0001980994 2025-04-07 2025-04-07 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT   Pursuant to Section   13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of Earliest Event Reported): April 7, 2025   iShares ® Bitcoin Trust ETF (Exact name of registrant as specified in its charter)   New York 001-41914 93-6461129 (State or other jurisdiction of incorporation) (Commission   File Number) (I.R.S. Employer Identification No.)               c/o iShares Delaware Trust Sponsor LLC 400 Howard Street San Francisco , California 94105     (Address of principal executive offices)     Registrant ’ s telephone number, including area code: ( 415 )   670-2000   Not Applicable Former name or former address, if changed since last report     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Shares IBIT The Nasdaq Stock Market LLC    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ☒   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒         Item 1.01 Entry into a Material Definitive Agreement.   On April 7, 2025, BlackRock Fund Advisors, as administrative trustee of iShares Bitcoin Trust ETF (the "Trust") entered into a custodial services agreement (the "Anchorage Custodian Agreement") with Anchorage Digital Bank N.A. ("Anchorage" or the "Additional Bitcoin Custodian"), a national trust bank chartered by the Office of the Comptroller of the Currency. Pursuant to the Anchorage Cus

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