@democratiCrayn 1 week ago
Breakdown of how many IBIT shares equal one Bitcoin
Breakdown of how many IBIT shares equal one Bitcoin
The iShares Bitcoin Trust ETF is now the top spot Bitcoin fund with $52.6 billion in assets. Each share represents a claim on roughly 0.000568 Bitcoin, though this ratio floats based on daily fees.
The fund charges a 0.25% expense ratio. To hold the equivalent of one full Bitcoin, you would need 1,761 shares costing just over $65,000. That price is effectively the same as buying the token directly on an exchange.
finance.yahoo.com
| How Many iShares Bitcoin Trust ETF Shares You Need to Own the Equivalent of 1 Bitcoin
@IsabelLynn 1 week ago
thanks for sharing this because i was wondering how many shares actually equal a full coin. the ishares fund is growing so fast.