iShares Bitcoin Trust ETF (IBIT) Operating Expenses (2024 - 2026)
iShares Bitcoin Trust ETF's Operating Expenses was $35.42 million in Q2 2026, down 8.4% from $38.69 million a year earlier and down 3.5% from the prior quarter.
Powered by 
Analysis
iShares Bitcoin Trust ETF (IBIT) Operating Expenses (2024 - 2026) Analysis & Trends
On a trailing twelve-month basis, iShares Bitcoin Trust ETF's Operating Expenses was $175.12 million through Jun 30, 2026, up 65.2% year-over-year; for FY2025, it was $174.56 million, up 267.5% from FY2024.
- In earlier years, Operating Expenses was $47.5 million in FY2024.
- The Q2 2026 figure marks the lowest quarterly Operating Expenses since Q1 2025.
- Compared with a year earlier, Operating Expenses was higher in five of the last six quarters, with growth averaging 287.0%.
- Per Business Quant data, IBIT's Operating Expenses in the three quarters before Q2 2026 was $36.69 million (Q1 2026), $49.72 million (Q4 2025) and $53.3 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.42 Mn |
| Mar 31, 2026 | 36.69 Mn |
| Dec 31, 2025 | 49.72 Mn |
| Sep 30, 2025 | 53.30 Mn |
| Jun 30, 2025 | 38.69 Mn |
| Mar 31, 2025 | 32.87 Mn |
| Dec 31, 2024 | 22.98 Mn |
| Sep 30, 2024 | 11.49 Mn |
| Jun 30, 2024 | 9.89 Mn |
| Mar 31, 2024 | 3.14 Mn |
API Access
iShares Bitcoin Trust ETF Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=IBIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "IBIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=IBIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();