iShares Bitcoin ETP Issues 660,000 Additional Securities, Fee Rate Temporarily Reduced to 0.15%

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

The total expense ratio for this ETP is 0.25% per annum, but a partial fee waiver will be implemented from the series issuance date until December 31, 2026, reducing the rate to 0.15% per annum. These securities are expected to commence trading on the London Stock Exchange's Main Market on February 12, 2026. (Investing.com)