Odaily Planet Daily reports that iShares Digital Assets AG announced on Wednesday the issuance of 660,000 new securities of its secured crypto asset-linked securities program, iShares Bitcoin ETP. This issuance increases the total number of securities in the series from 110,274,328 to 110,934,328, with each security priced at $6.89. The Bitcoin ETP is traded on the London Stock Exchange under the ticker IB1T and aims to track Bitcoin’s performance.
The total expense ratio for this ETP is 0.25% annually, but a partial fee waiver will be in effect from the series issuance date until December 31, 2026, reducing the rate to 0.15% annually. These securities are expected to begin trading on the main board of the London Stock Exchange on February 12, 2026. (Investing.com)
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