iShares Bitcoin Trust
The fund will enter into short positions of Amplify ETF, including swap agreements and/or short sales, with major global financial institutions for a specified period ranging from a day to more than one year whereby the fund and the global financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on the Amplify ETF. It is non-diversified.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$7.4B OVER THIS RANGE
Flows are quiet — the past month netted out near zero, while the price has returned -28.2% so far this year. At 0.12% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | BTCBTC | 100.00% | $68399.98 | +5.7% | — |
| 1 week | +2.0% |
| 1 month | +0.7% |
| 3 months | -15.9% |
| 6 months | -6.1% |
| YTD | -28.2% |
| 1 year | -44.6% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | +$3.9B |
| 1 year | +$7.4B |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The top holding is 100.0% of the book; the top ten carry 100%. Spread across 1+ names, it behaves like roughly 1 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat IBIT on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| EWN iShares MSCI Netherlands ETF | 0.50% | $747M | +$125M | +$125M in over the month | Head-to-head |