IBIT

Definition ∞ IBIT is the ticker symbol for the iShares Bitcoin Trust, an exchange-traded fund managed by BlackRock. This investment vehicle allows investors to gain exposure to Bitcoin’s price movements without directly holding the cryptocurrency. IBIT holds actual Bitcoin, and its shares are traded on traditional stock exchanges.
Context ∞ IBIT represents a significant development in mainstream access to Bitcoin, providing a regulated and accessible investment option for a broad range of investors. A key discussion involves its impact on Bitcoin’s market liquidity and price discovery, as well as competition among similar spot Bitcoin ETFs. Future developments will likely include performance comparisons with other Bitcoin investment products and potential adjustments to its operational structure.