iShares Bitcoin ETP issues an additional 660,000 securities, with the fee rate temporarily reduced to 0.15%

BTC-0,66%

Odaily Planet Daily reports that iShares Digital Assets AG announced on Wednesday the issuance of 660,000 new securities of its secured crypto asset-linked securities program, iShares Bitcoin ETP. This issuance increases the total number of securities in the series from 110,274,328 to 110,934,328, with each security priced at $6.89. The Bitcoin ETP is traded on the London Stock Exchange under the ticker IB1T and aims to track Bitcoin’s performance.

The total expense ratio for this ETP is 0.25% annually, but a partial fee waiver will be in effect from the series issuance date until December 31, 2026, reducing the rate to 0.15% annually. These securities are expected to begin trading on the main board of the London Stock Exchange on February 12, 2026. (Investing.com)

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Sits at a Crucial Support Level, Analyst Expects Break Above $79,000 or Below $64,000

Bitcoin sits at a crucial support level, big move could play out soon.  Analyst expects break above $79,000 for bullish reaction.  A bearish reaction and a drop below $64,000 could also play out. This week was an exciting one for the

CryptoNewsLand8m ago

Bhutan’s $BTC Holdings Squeeze As Government Shifts 319.7 $BTC

The Royal Government of Bhutan has transferred 319.7 BTC, totaling $22.68M, continuing a trend of selling off Bitcoin since October 2024. Total sales have reached $640M, indicating a significant policy shift in asset management.

BlockChainReporter15m ago

Crypto Market Bottoming Signals: Tom Lee’s Latest Views and On-Chain Data Verification

Tom Lee says the market has shown clear bottoming signals and he continues to be bullish on Ethereum and Bitcoin. This article combines on-chain data with Gate market data to provide an in-depth analysis of this latest view from the Wall Street analyst.

InstantTrends27m ago

Michael Saylor: Bitcoin may already have bottomed out near $60k, and the risk from quantum computing is theoretical in nature

Gate News message, on April 9, Strategy Executive Chairman Michael Saylor said that Bitcoin may have already bottomed out around $60k, as forced sellers have been gradually exiting the market. Saylor also expressed a cautious view of the security threat posed by quantum computing, saying that the relevant risks are still at a “theoretical level,” and that he believes the issue can be properly addressed in the future without overreacting.

GateNews48m ago

Adam Back Refutes Being Mysterious Bitcoin Creator, Satoshi Nakamoto

The New York Times has named Adam Back as a potential candidate for Satoshi Nakamoto, the creator of Bitcoin, based on a year-long investigation. Back denies being Satoshi, and while evidence links him to Bitcoin's origins, claims remain speculative, continuing the debate on the implications of Nakamoto's anonymity.

BlockChainReporter55m ago

Cloudflare Targets 2029 for Quantum-Safe Internet as Threat to Bitcoin Looms

In brief Cloudflare aims to make its platform fully post-quantum secure by 2029. New quantum research is compressing security timelines across the tech industry. The same cryptographic math protects internet

Decrypt1h ago
Comment
0/400
No comments