/ Conviction Index / BlackRock iShares Bitcoin Trust (IBIT)

BlackRock iShares Bitcoin Trust (IBIT)

BTC ETF · IBIT (NASDAQ) · Launched Jan 2024
A

Excellent (A) — Conviction Grade

IBIT is the largest spot Bitcoin ETF by AUM. BlackRock issuer credibility. 0.25% expense ratio is mid-tier among spot BTC ETFs. The default institutional wrapper for Bitcoin exposure in tax-advantaged accounts.

92
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Protocol Security
A
Governance Decentralization
C
Liquidity
A
Adoption & Utility
A
Regulatory Posture
A
/ Public-Record Events

Key events & disclosures.

  • Launch Jan 2024
  • Largest spot BTC ETF by AUM
  • BlackRock issuer
  • 0.25% expense ratio

/ Best for

Institutional Bitcoin exposure via traditional brokerage; tax-advantaged-account Bitcoin allocation; default US institutional wrapper.

/ Watch out for

ETF wrapper means no direct on-chain Bitcoin exposure. For self-custody preferences or onchain composability, use spot BTC directly.