iShares Bitcoin ETP issues 660,000 new securities, bringing the total number of securities in the series to 110,934,328.

ChainCatcher News, iShares Digital Assets AG announced on Wednesday the issuance of 660,000 new securities of its secured crypto asset-linked securities program, iShares Bitcoin ETP. This issuance increases the total number of securities in the series from 110,274,328 to 110,934,328, with each security priced at $6.89. The Bitcoin ETP is traded on the London Stock Exchange under the ticker IB1T and aims to track Bitcoin performance.

The ETP has an annual total expense ratio of 0.25%, but a partial fee waiver will be in effect from the series issuance date until December 31, 2026, reducing the rate to 0.15% annually. These securities are expected to begin trading on the main market of the London Stock Exchange on February 12, 2026.