# iShares Bitcoin ETP (IB1T)

**Source:** https://fundology.uk/fund/ib1t · ISIN XS2940466316 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, IB1T (iShares Bitcoin ETP, ISIN XS2940466316) closed at £6.30 on the London Stock Exchange. Its ongoing charge is 0.15% a year (about £15 on £10,000). Over the year to 30/09/2026 its price changed by −24.1%, or −26.1% after UK CPIH inflation.

## Summary

iShares Bitcoin ETP is an exchange-traded product from iShares, launched in 2025. It tracks the CME CF BITCOIN REFERENCE RATE (BRR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.15% a year — about £15 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **Crypto:** Cryptoassets are high-risk and largely unregulated in the UK. Prices can rise and fall very sharply, and you could lose all the money you put in.

Latest close: **£6.30** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IB1T |
| ISIN | XS2940466316 |
| Category | Crypto |
| Type | ETN / ETP |
| Provider | iShares |
| Tracks | CME CF BITCOIN REFERENCE RATE (BRR |
| Income | Accumulating |
| Ongoing charge | 0.15% a year (£15 per £10,000) |
| Fund size | £840m |
| Launched | 2025 |
| Domicile | United States |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -24.07% | -26.13% | price only |

Returns: Fundology, from recorded daily closes. Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares Bitcoin ETP in pounds (price, with income reinvested in the fund): 2026 to 30/09/2026 −2.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2026 to 30/09/2026 | -2.2% | -4.9% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 45.83% | -45.83% |

## Largest fall

Volatility of iShares Bitcoin ETP in pounds, annualised from weekly returns to 30/09/2026: 45.8% over 1 year.

## Charges compared with similar funds

Ongoing charge of iShares Bitcoin ETP 0.15% a year, as of 01/10/2026: 11 of the 15 other crypto products charge more, 1 the same and 3 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.15%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.