BlackRock to list IBIT on ASX as spot Bitcoin ETF in November 2025

BlackRock will list an iShares spot Bitcoin exchange traded fund on the Australian Securities Exchange in mid November 2025, the asset manager said, bringing its U.S. iShares Bitcoin Trust structure to Australian investors and offering regulated exposure to Bitcoin without direct custody of the asset. The new fund, to be offered under the ticker IBIT in Australia, will charge a 0.39 percent management fee. BlackRock also plans to launch an iShares Core Global Aggregate Bond AUD hedged ETF in early November.

BlackRock said the Australian IBIT will mirror its U.S. iShares Bitcoin Trust to provide a cost efficient and operationally simple entry point into the cryptocurrency market through traditional financial channels. Tamara Stats, director of institutional client business at BlackRock Australasia, said the product responds to "growing institutional interest in Bitcoin as a potential portfolio diversifier." Steve Ead, head of global product solutions, added that making IBIT available locally reflects BlackRock's focus on "broadening access and democratizing investment opportunities for more Australians."

The move places BlackRock in an already active local Bitcoin ETF market that...