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LONDON - iShares Digital Assets AG announced Friday it will issue 395,000 additional securities of its iShares Bitcoin ETP (ticker:IB1T) on the London Stock Exchange, with trading expected to begin on February 16, 2026.
The new tranche represents the 76th issuance of the bitcoin-backed exchange-traded product, which was originally launched in March 2025. Following this issuance, the total number of securities in the series will increase to 112,289,328.
According to the final terms document, the securities will be priced at $6.74 per unit. Each security represents a fractional entitlement to bitcoin, with an initial cryptoasset entitlement of 0.0001 BTC per security that gradually decreases over time due to the product’s expense ratio.
The ETP carries a total expense ratio (TER) of 0.25% annually, though a partial fee waiver will apply until December 31, 2026, reducing the TER to 0.15% during this period.
The securities are secured, limited recourse debt obligations of iShares Digital Assets AG, with Coinbase Luxembourg S.A. serving as custodian. Flow Traders B.V., Jane Street Financial Limited, and Virtu Financial Ireland Limited act as authorized participants.
The bitcoin ETP provides institutional and retail investors with regulated exposure to bitcoin without the need to directly hold the cryptocurrency. The product follows the UK Financial Conduct Authority’s regulatory framework for cryptoasset products, which came into effect in October 2025.
This information is based on a press release statement from iShares Digital Assets AG.
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