Tamara Stats
BlackRock Australia has announced its intent to launch the iShares Bitcoin ETF (ASX: IBIT), reinforcing its commitment to providing Australian investors with greater choice and easier access to cryptocurrency exposure in the local market.
IBIT is expected to be quoted on the ASX in mid-November 2025.
With a management fee of 0.39%, the fund wraps the US-listed iShares Bitcoin Trust (NASDAQ: IBIT), offering local investors a simple, cost-effective, and regulated way to access bitcoin without the technical and operational complexities of holding the asset directly.
Tamara Stats, Director of Institutional Client Business, BlackRock Australasia, said, “The introduction of IBIT in Australia highlights BlackRock’s ongoing efforts to innovate and reflects the growing interest from institutional investors seeking efficient, convenient access to bitcoin as a potential diversifier within their multi-asset portfolios.”
Steve Ead, Head of Global Product Solutions, BlackRock Australasia, said, “IBIT offers Australian investors a familiar ETF wrapper to access bitcoin, drawing on BlackRock’s global scale and infrastructure. By making IBIT available on the ASX, we’re focused on broadening access and democratising investment opportunities for more Australians.”
