iShares Bitcoin ETP issues 660,000 new securities, bringing the total number of securities in the series to 110,934,328

iShares Digital Assets AG announced on Wednesday the issuance of 660,000 new iShares Bitcoin ETP securities under its secured cryptocurrency-linked securities program. This issuance increases the total number of securities in the series from 110,274,328 to 110,934,328, with an issue price of $6.89 per security. The Bitcoin ETP trades on the London Stock Exchange under the code IB1T and aims to track the performance of Bitcoin.

The total expense ratio of the ETP is 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.