BlackRock iShares Bitcoin ETF (IBIT) - ASX Listing: Confirmed Data
BlackRock Australia has successfully listed its iShares Bitcoin ETF (IBIT) on the Australian Securities Exchange (ASX). The launch will occur as scheduled in mid-November 2025.
Product Specifications:
- Management Fee: 0.39% per annum.
- Structure: The ASX-listed IBIT is a feeder fund that holds units in the US domiciled iShares Bitcoin Trust.
- Underlying Asset: The US trust holds physical Bitcoin.
Market Context and AUM Data:
- The U.S. iShares Bitcoin Trust is the largest spot Bitcoin ETF globally, having reached approximately $80 billion in Assets Under Management (AUM) prior to the ASX launch.
- The Australian ETF market surpassed A$300 billion in total funds under management in 2025.
- Existing Australian Bitcoin ETFs, such as the Monochrome Bitcoin ETF (IBTC), reported assets of approximately A$188 million in October 2025.
BlackRock's entry introduces a globally dominant product into the local market. The 0.39% fee undercuts several established competitors, applying direct pressure on fee structures across the sector.
Regulatory Backdrop:
The launch follows continued regulatory engagement from the Australian Securities and Investments Commission (ASIC), which has provided a clearer framework for crypto-based financial products.
Why This Matters:
The listing provides Australian investors with a regulated, exchange-traded vehicle for Bitcoin exposure, backed by the world's largest asset manager. It represents a significant step in the institutional world of digital assets within the Australian financial system.
Disclaimer: Investing in a Bitcoin ETF carries risks, including the volatility of the underlying asset. This is not financial advice.
