Latest News for IBIT

August delivered strong gains across shipping, crypto, precious metals, biotech, copper, uranium and cloud software ETFs.

August ETF flows highlighted strong investor demand for S&P 500, Nasdaq-100, short-term Treasury, gold and bitcoin ETFs, while some major funds saw outflows.

Bitcoin trades at $78,142 this morning, and the iShares Bitcoin Trust ETF (NASDAQ:IBIT) closed yesterday at $44.67, up 1.75% on the session.

Holding IBIT without ever selling still generates a tax bill, and the mechanism responsible quietly chips away at your Bitcoin claim every single day the fund is open.

Leveraged ETFs soared in August as biotech, crypto, AI and gold-related stocks rallied, delivering triple-digit gains across several funds.
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