Overview
- BlackRock confirmed plans to bring its iShares Bitcoin ETF (IBIT) to the Australian Securities Exchange, extending its spot Bitcoin franchise to the Asia-Pacific market.
- The ETF is structured to provide exchange-traded Bitcoin exposure without wallets or direct crypto custody, according to BlackRock’s Australian leadership.
- The listing is targeted for mid-November and carries a 0.39% annual management fee, according to details reported by Blockonomi.
- The Australian IBIT will reference the U.S.-listed iShares Bitcoin Trust’s spot-price tracking to deliver exposure without direct ownership of the asset.
- BlackRock’s U.S. IBIT has grown to roughly $98 billion in assets as Bitcoin notched a 2025 high of $126,223, and Australia joins the U.S., Germany, and Switzerland in hosting spot Bitcoin ETFs.