IBIT - iShares Bitcoin Trust ETF
The iShares Bitcoin Trust ETF is engineered to generally replicate the market price performance of Bitcoin. Notably, this ETF is not registered as an investment company under the 1940 Investment Company Act, meaning it is not subject to the same regulatory oversight that governs mutual funds or other ETFs registered under that statute. Furthermore, the Trust is not categorized as a commodity pool according to the Commodity Exchange Act.
As of Jun 12, 2026: spot at $36.05, ATM IV 38.9%, max pain $38.00, net GEX -$54.8M.
- Sector
- Financial Services
- Industry
- Asset Management - Cryptocurrency
- Market Cap
- $60.31B
- Beta
- 2.03
- 52-Week Range
- 33.48-71.82
- IPO Date
- Jan 11, 2024
- Exchange
- NASDAQ
What IBIT Looks Like to Options Traders Today
IV rank of 11.9% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); negative net gamma exposure (-$54.8M) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.060) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The IBIT overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked IBIT overview questions
- What is IBIT?
- IBIT is the ticker symbol for iShares Bitcoin Trust ETF, an listed exchange-traded fund. The iShares Bitcoin Trust ETF is engineered to generally replicate the market price performance of Bitcoin. Notably, this ETF is not registered as an investment company under the 1940 Investment Company Act, meaning it is not subject to the same regulatory oversight that governs mutual funds or other ETFs registered under that statute. Listed on NASDAQ. IBIT is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the IBIT options snapshot look like today?
- As of Jun 12, 2026, the IBIT options snapshot shows spot at $36.05, ATM IV 38.9%, IV rank 11.9%, max pain $38.00, net GEX -$54.8M, expected move 11.14%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are IBIT's key statistics?
- iShares Bitcoin Trust ETF (IBIT) carries a market capitalization of $60.31B, 52-week range of 33.48-71.82. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does IBIT belong to?
- iShares Bitcoin Trust ETF operates in the Financial Services sector, in the Asset Management - Cryptocurrency industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare IBIT's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the IBIT data on this page?
- The options snapshot above is dated Jun 12, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.