BlackRock’s Bitcoin ETF (IBIT) Clears Final SEC Hurdle
The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and Exchange Commission (SEC).
- The registration statement for BlackRock’s spot bitcoin ETF, the iShares Bitcoin Trust (IBIT), has been declared effective by the U.S. Securities and Exchange Commission (SEC).
- IBIT seeks to track the price of bitcoin and is expected to begin trading on Nasdaq on January 11, 2024.
- “Through IBIT, investors can access bitcoin in a cost-effective and convenient way,” said Dominik Rohe, Head of Americas iShares ETF and Index Investing business at BlackRock.
- Every iShares ETF unlocks access to institutional grade technology and professional risk management expertise in the convenience of the ETF wrapper.