TLDR
- BlackRock to launch Bitcoin ETF in Australia on ASX in mid-November.
- The IBIT ETF tracks the US-listed iShares Bitcoin Trust, providing Bitcoin exposure without ownership.
- The IBIT ETF will charge an annual management fee of 0.39%, offering a cost-effective alternative.
- IBIT simplifies Bitcoin investing for Australians by offering a regulated ETF structure.
- BlackRock expands ETF range with launches of IBIT and iShares Core Global Aggregate Bond ETF.
BlackRock has is confirmed plans to launch a Bitcoin exchange-traded fund (ETF) in Australia. The new product, called the iShares Bitcoin ETF (IBIT), will be listed on the Australian Securities Exchange (ASX) in mid-November. This launch is part of BlackRock’s ongoing strategy to expand its offerings in the digital asset space.
Details of BlackRock’s Bitcoin ETF
The IBIT ETF will track the existing US listed iShares Bitcoin Trust, which launched in January 2024. The US fund has accumulated USD 85 billion in assets. Australian investors will now have a way to gain exposure to Bitcoin without holding the cryptocurrency directly. The ETF will carry an annual management fee of 0.39%.
Tamara Stats, Director of Institutional Client Business at BlackRock Australasia, noted the growing interest from institutional investors seeking regulated access to Bitcoin. The introduction of IBIT is intended to meet this demand by offering a simple and regulated way to include Bitcoin in investment portfolios.
Simplify Bitcoin Investments
With the IBIT ETF, BlackRock aims to simplify the process of investing in Bitcoin for Australian investors. Instead of navigating the complexities of directly buying and storing Bitcoin, investors can gain exposure through a familiar ETF structure. This is expected to make Bitcoin more accessible to a wider audience.
Steve Ead, Head of Global Product Solutions at BlackRock Australasia, explained that IBIT would offer Australian investors a convenient and regulated way to access Bitcoin. The ETF is designed to help investors integrate Bitcoin into their portfolios and leverage BlackRock’s global scale and infrastructure.
The launch of IBIT follows BlackRocks recently announced another ETF, the iShares Core Global Aggregate Bond (AUD Hedged) ETF (AGGG). AGGG will list on the ASX in early November 2025 and will invest in investment grade global bonds. BlackRock’s ETF business has seen strong inflows in recent months, with $153 billion in new investments for iShares ETFs in the third quarter of 2025.
