The iShares Bitcoin Trust (IBIT) offers a traditional ETF wrapper for Bitcoin, allowing investors to generate consistent income through covered calls due to its high implied volatility.

Several other institutional investors have also modified their holdings of IBIT. IMC Chicago LLC acquired a new stake in iShares Bitcoin Trust in the third quarter worth about $323,337,000.

iShares Bitcoin Trust ETF (IBIT) stock price is 55.33 and iShares Bitcoin Trust ETF (IBIT) 10-day simple moving average is 57.95. iShares Bitcoin Trust ETF (IBIT) stock price is 55.33 and iShares ...

Over in the U.S., the iShares Bitcoin Trust ETF (IBIT) has achieved remarkable success, swelling to over $51 billion in assets under management (AUM) just over a year since its January 2024 launch.