iShares Bitcoin ETP issues 660,000 new securities, bringing the total number of securities in the series to 110,934,328
ChainCatcher reported that iShares Digital Assets AG announced on Wednesday the issuance of 660,000 new iShares Bitcoin ETP securities under its Secured Digital Assets Linked Securities Programme. 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 is designed to track the performance of bitcoin.
The ETP has a total expense ratio of 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 begin trading on the main market of the London Stock Exchange on February 12, 2026.
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