How many shares of Ibit are there?

The iShares Bitcoin Trust (NASDAQ:IBIT) is an exchange-traded fund that tracks Bitcoin's spot price. It was launched on January 5, 2024, by BlackRock. Since then, it has attracted many institutional investors.

As of the latest data, the fund's 50-day moving average price is $42.45. Its 200-day moving average price is $38.09. These numbers show how the fund has performed and how volatile it is.

Investors keep a close eye on the number of shares outstanding for IBIT. This number, also known as market capitalization, tells us about the fund's size and liquidity. The shares outstanding can change due to actions like stock splits or dividend payouts. Knowing the current number of shares and market capitalization helps investors see how the fund is growing and how popular it is.

A visually striking representation of shares outstanding, featuring a pile of golden coins symbolizing wealth, surrounded by vibrant graphs showing stock performance, with various stylized share certificates floating in the air, against a dynamic city skyline at sunset, reflecting the pulse of the financial market.

Key Takeaways

• iShares Bitcoin Trust (IBIT) is an exchange-traded fund that tracks the spot price of Bitcoin.
• IBIT has a 50-day moving average price of $42.45 and a 200-day moving average price of $38.09.
• The number of shares outstanding, or market capitalization, is a key metric for evaluating the fund's size and liquidity.
• Corporate actions like stock splits or dividend payouts can impact the shares outstanding over time.
• Understanding the current shares outstanding and market capitalization is crucial for investors to assess the growth and popularity of IBIT.

Overview of iShares Bitcoin Trust (IBIT)

The iShares Bitcoin Trust (IBIT) is a special kind of investment fund. It tracks the price of Bitcoin. BlackRock, a big investment company, manages it. This makes it easy for people to invest in Bitcoin without dealing with the complex digital world.

Understanding IBIT's Structure

IBIT has a simple structure. It has 100 million shares, some of which are held in treasury stock. The rest are available for trading on the NASDAQ exchange. Currently, there are XX,XXX,XXX shares out there. This makes it easy for investors to buy and sell shares like any other stock.

BlackRock's Role in IBIT Management

BlackRock is in charge of IBIT. They use their knowledge and experience to manage the fund. They keep an eye on the cryptocurrency market and make sure everything is safe and follows the rules.

Launch and Trading History

IBIT started on January 5, 2024. It quickly caught the eye of many investors. The price of IBIT has gone from $22.02 to $56.86 in the last year. This shows how the cryptocurrency market can be unpredictable.

"Graphical representation of an upward trending stock price chart for iShares Bitcoin Trust, featuring candlestick patterns and fluctuating lines, set against a digital backdrop of Bitcoin symbols and blockchain elements, with vibrant colors and a modern aesthetic."

How many shares of Ibit are there?

The exact number of shares for the iShares Bitcoin Trust (IBIT) isn't shared publicly. Yet, we can still learn about its shareholder structure and equity breakdown. This is based on data from institutional ownership. Major financial institutions have big stakes in IBIT, showing its strong share count.

CreativeOne Wealth LLC owns 18,957 shares of IBIT, worth about $685,000. Townsquare Capital LLC has grown its stake by 20.7%, now holding 36,627 shares worth $1,323,000. Blue Investment Partners LLC also increased its holdings by 16.5%, owning 44,910 shares valued at $1,623,000.

Horizon Kinetics Asset Management LLC holds 805,803 shares worth $29,114,000. Paragon Advisors LLC has a 54.8% bigger stake, now owning 458,111 shares valued at $16,552,000. These big holdings by financial entities suggest IBIT has millions of shares. This is to fit the diverse shareholder structure.

The average trading volume of IBIT is about 33.8 million shares. The stock's price has ranged from $22.02 to $56.86 in the last year. The 50-day and 200-day moving averages are $42.45 and $38.09, showing active trading and interest in this Bitcoin-focused product.

A detailed infographic illustrating the concept of "IBIT share count," featuring a stylized pie chart or bar graph representation, vibrant colors, abstract shapes symbolizing shares, and dynamic lines connecting various elements, all set against a sleek, modern background.

"The robust institutional ownership and trading volume of iShares Bitcoin Trust (IBIT) suggest a substantial underlying share structure to accommodate the diverse shareholder base and investor demand for this innovative financial product."

Institutional Ownership and Major Shareholders

The iShares Bitcoin Trust (IBIT) has caught the eye of many institutional investors. They are drawn to the fast-changing world of cryptocurrencies. Let's explore who owns a piece of this innovative financial product.

CreativeOne Wealth LLC Holdings

CreativeOne Wealth LLC is a big player in IBIT. In the third quarter, they boosted their stake by 97.9%. Now, they own 18,957 shares, worth about $685,000.

Blue Investment Partners LLC Position

Blue Investment Partners LLC also has a significant stake in IBIT. They now hold 44,910 shares, worth $1,623,000. This is a 16.5% increase in their investment.

Horizon Kinetics Asset Management LLC Stake

Horizon Kinetics Asset Management LLC has the largest stake in IBIT. They own 805,803 shares, valued at $29,114,000. This is an 11.9% increase in their investment, showing growing interest in IBIT.

Other big players include Townsquare Capital LLC and Patton Albertson Miller Group LLC. Townsquare holds 36,627 shares, and Patton Albertson Miller Group LLC has 29,581 shares. These investors show the diverse interest in the iShares Bitcoin Trust.

"The growing institutional interest in IBIT reflects the increasing mainstream acceptance and adoption of cryptocurrencies as a viable asset class."

IBIT Stock Performance and Trading Metrics

The iShares Bitcoin Trust (IBIT) has seen ups and downs since it started. Its shares began at $55.21 on a recent Friday. They've ranged from $22.02 to $56.86 in the past year, showing big price swings.

This is common for Bitcoin investments. The 50-day moving average is $42.45, and the 200-day is $38.09. These numbers suggest a recent upward trend.

IBIT doesn't pay dividends because it tracks Bitcoin's price, not income. Its market value is high, showing more institutions are interested in Bitcoin funds. Despite this, IBIT hasn't split its stock. It has rebalanced and adjusted to keep up with Bitcoin's market.

People will keep watching IBIT's performance and trading. Its success could help Bitcoin and other cryptocurrencies become more accepted. As the digital asset market grows, funds like IBIT will be key for investors to get into this new area.