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10-Q Filing

iShares Bitcoin Trust ETF CIK: 1980994 Q3 2024
Filing Information
Form Type 10-Q
Accession Number 0001437749-24-033812
Period End Date 20240930
Filing Date 20241107
Fiscal Year 2024
Fiscal Period Q3
XBRL Instance bit20240930c_10q_htm.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 line items
Line Item Tag Value Unit Period
Investment in bitcoin, cost InvestmentOwnedAtCost - USD Point-in-time
Investment in bitcoin, cost InvestmentOwnedAtCost - USD Point-in-time
Investment in bitcoin, cost InvestmentOwnedAtCost $21.51B USD Point-in-time
Investment in bitcoin, cost InvestmentOwnedAtCost $21.51B USD Point-in-time
Investment in bitcoin, cost InvestmentOwnedAtCost $17.75B USD Point-in-time
Investment in bitcoin, cost InvestmentOwnedAtCost $17.75B USD Point-in-time
Shares, par value (in dollars per share) TemporaryEquityParOrStatedValuePerShare - USD Point-in-time
Shares, par value (in dollars per share) TemporaryEquityParOrStatedValuePerShare - USD Point-in-time
Investment in bitcoin, at fair value CryptoAssetFairValue - USD Point-in-time
Investment in bitcoin, at fair value CryptoAssetFairValue - USD Point-in-time
Investment in bitcoin, at fair value CryptoAssetFairValue $23.33B USD Point-in-time
Investment in bitcoin, at fair value CryptoAssetFairValue $23.33B USD Point-in-time
Shares, par value (in dollars per share) TemporaryEquityParOrStatedValuePerShare - USD Point-in-time
Shares, par value (in dollars per share) TemporaryEquityParOrStatedValuePerShare - USD Point-in-time
Shares, issued (in shares) TemporaryEquitySharesIssued 4,000.00 shares Point-in-time
Shares, issued (in shares) TemporaryEquitySharesIssued 4,000.00 shares Point-in-time
Shares, issued (in shares) TemporaryEquitySharesIssued 644.00M shares Point-in-time
Shares, issued (in shares) TemporaryEquitySharesIssued 644.00M shares Point-in-time
Cash CashAndCashEquivalentsFairValueDisclosure $100.00K USD Point-in-time
Cash CashAndCashEquivalentsFairValueDisclosure $100.00K USD Point-in-time
Cash CashAndCashEquivalentsFairValueDisclosure $14.72K USD Point-in-time
Cash CashAndCashEquivalentsFairValueDisclosure $14.72K USD Point-in-time
Total Assets AssetsFairValueDisclosure $23.33B USD Point-in-time
Total Assets AssetsFairValueDisclosure $23.33B USD Point-in-time
Total Assets AssetsFairValueDisclosure $100.00K USD Point-in-time
Total Assets AssetsFairValueDisclosure $100.00K USD Point-in-time
Sponsors fees payable AccountsPayableFairValueDisclosure - USD Point-in-time
Sponsors fees payable AccountsPayableFairValueDisclosure - USD Point-in-time
Sponsors fees payable AccountsPayableFairValueDisclosure $3.88M USD Point-in-time
Sponsors fees payable AccountsPayableFairValueDisclosure $3.88M USD Point-in-time
Total Liabilities LiabilitiesFairValueDisclosure $3.88M USD Point-in-time
Total Liabilities LiabilitiesFairValueDisclosure $3.88M USD Point-in-time
Total Liabilities LiabilitiesFairValueDisclosure - USD Point-in-time
Total Liabilities LiabilitiesFairValueDisclosure - USD Point-in-time
Commitments and contingent liabilities (Note 6) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Note 6) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Note 6) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Note 6) CommitmentsAndContingencies - USD Point-in-time
Net Assets FairValueNetAssetLiability $23.33B USD Point-in-time
Net Assets FairValueNetAssetLiability $23.33B USD Point-in-time
Net Assets FairValueNetAssetLiability $19.45B USD Point-in-time
Net Assets FairValueNetAssetLiability $19.45B USD Point-in-time
Net Assets FairValueNetAssetLiability $100.00K USD Point-in-time
Net Assets FairValueNetAssetLiability $100.00K USD Point-in-time
Net Assets FairValueNetAssetLiability $17.79B USD Point-in-time
Net Assets FairValueNetAssetLiability $17.79B USD Point-in-time
Shares issued and outstanding (in shares) TemporaryEquitySharesOutstanding 644.00M shares Point-in-time
Shares issued and outstanding (in shares) TemporaryEquitySharesOutstanding 644.00M shares Point-in-time
Shares issued and outstanding (in shares) TemporaryEquitySharesOutstanding 4,000.00 shares Point-in-time
Shares issued and outstanding (in shares) TemporaryEquitySharesOutstanding 4,000.00 shares Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $25.00 USD Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $25.00 USD Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $36.07 USD Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $36.07 USD Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $36.23 USD Point-in-time
Net asset value per Share (Note 2C) (in dollars per share) TemporaryEquityRedemptionPricePerShare $36.23 USD Point-in-time
Income Statement 60 line items
Line Item Tag Value Unit Period
Sponsors fees SponsorsFees $28.84M USD 3 Qtrs
Sponsors fees SponsorsFees $28.84M USD 3 Qtrs
Sponsors fees SponsorsFees $13.12M USD 1 Quarter
Sponsors fees SponsorsFees $13.12M USD 1 Quarter
Sponsors fees waiver SponsorFeesWaived $1.63M USD 1 Quarter
Sponsors fees waiver SponsorFeesWaived $1.63M USD 1 Quarter
Sponsors fees waiver SponsorFeesWaived $4.32M USD 3 Qtrs
Sponsors fees waiver SponsorFeesWaived $4.32M USD 3 Qtrs
Total expenses OperatingExpenses $11.49M USD 1 Quarter
Total expenses OperatingExpenses $11.49M USD 1 Quarter
Total expenses OperatingExpenses $24.52M USD 3 Qtrs
Total expenses OperatingExpenses $24.52M USD 3 Qtrs
Net investment loss OperatingIncomeLoss $-11.49M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-11.49M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-9.89M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-9.89M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-3.14M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-3.14M USD 1 Quarter
Net investment loss OperatingIncomeLoss $-24.52M USD 3 Qtrs
Net investment loss OperatingIncomeLoss $-24.52M USD 3 Qtrs
Bitcoin sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $892.68K USD 3 Qtrs
Bitcoin sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $892.68K USD 3 Qtrs
Bitcoin sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $-562.45K USD 1 Quarter
Bitcoin sold to pay expenses GainLossOnSaleOfTrustAssetsToPayExpenses $-562.45K USD 1 Quarter
Bitcoin sold for the redemption of Shares NetRealizedGainLossFromBitcoinSoldForTheRedemptionOfShares $786.46K USD 3 Qtrs
Bitcoin sold for the redemption of Shares NetRealizedGainLossFromBitcoinSoldForTheRedemptionOfShares $786.46K USD 3 Qtrs
Bitcoin sold for the redemption of Shares NetRealizedGainLossFromBitcoinSoldForTheRedemptionOfShares $-86.43K USD 1 Quarter
Bitcoin sold for the redemption of Shares NetRealizedGainLossFromBitcoinSoldForTheRedemptionOfShares $-86.43K USD 1 Quarter
Net realized gain (loss) RealizedInvestmentGainsLosses $-648.88K USD 1 Quarter
Net realized gain (loss) RealizedInvestmentGainsLosses $-648.88K USD 1 Quarter
Net realized gain (loss) RealizedInvestmentGainsLosses $1.68M USD 3 Qtrs
Net realized gain (loss) RealizedInvestmentGainsLosses $1.68M USD 3 Qtrs
Net realized gain (loss) RealizedInvestmentGainsLosses $2.23M USD 1 Quarter
Net realized gain (loss) RealizedInvestmentGainsLosses $2.23M USD 1 Quarter
Net realized gain (loss) RealizedInvestmentGainsLosses $100.53K USD 1 Quarter
Net realized gain (loss) RealizedInvestmentGainsLosses $100.53K USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-2.10B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-2.10B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $3.81B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $3.81B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $119.09M USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $119.09M USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $1.82B USD 3 Qtrs
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $1.82B USD 3 Qtrs
Net realized and unrealized gain GainLossOnInvestments $1.82B USD 3 Qtrs
Net realized and unrealized gain GainLossOnInvestments $1.82B USD 3 Qtrs
Net realized and unrealized gain GainLossOnInvestments $118.44M USD 1 Quarter
Net realized and unrealized gain GainLossOnInvestments $118.44M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $3.80B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $3.80B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $1.80B USD 3 Qtrs
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $1.80B USD 3 Qtrs
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $106.95M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $106.95M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $-2.11B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations NetIncomeLoss $-2.11B USD 1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share) EarningsPerShareBasic $4.15 USD 3 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share) EarningsPerShareBasic $4.15 USD 3 Qtrs
Net increase (decrease) in net assets per Share (in dollars per share) EarningsPerShareBasic $0.18 USD 1 Quarter
Net increase (decrease) in net assets per Share (in dollars per share) EarningsPerShareBasic $0.18 USD 1 Quarter
Cash Flow Statement 48 line items
Line Item Tag Value Unit Period
Net increase in net assets resulting from operations NetIncomeLoss $3.80B USD 1 Quarter
Net increase in net assets resulting from operations NetIncomeLoss $3.80B USD 1 Quarter
Net increase in net assets resulting from operations NetIncomeLoss $1.80B USD 3 Qtrs
Net increase in net assets resulting from operations NetIncomeLoss $1.80B USD 3 Qtrs
Net increase in net assets resulting from operations NetIncomeLoss $106.95M USD 1 Quarter
Net increase in net assets resulting from operations NetIncomeLoss $106.95M USD 1 Quarter
Net increase in net assets resulting from operations NetIncomeLoss $-2.11B USD 1 Quarter
Net increase in net assets resulting from operations NetIncomeLoss $-2.11B USD 1 Quarter
Purchases of bitcoin PaymentsToAcquireInvestmentInCryptoAssets $21.59B USD 3 Qtrs
Purchases of bitcoin PaymentsToAcquireInvestmentInCryptoAssets $21.59B USD 3 Qtrs
Proceeds from bitcoin sold ProceedsFromSaleOfTrustAssetsToPayExpenses $79.48M USD 3 Qtrs
Proceeds from bitcoin sold ProceedsFromSaleOfTrustAssetsToPayExpenses $79.48M USD 3 Qtrs
Net realized (gain) loss RealizedInvestmentGainsLosses $-648.88K USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $-648.88K USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $1.68M USD 3 Qtrs
Net realized (gain) loss RealizedInvestmentGainsLosses $1.68M USD 3 Qtrs
Net realized (gain) loss RealizedInvestmentGainsLosses $2.23M USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $2.23M USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $100.53K USD 1 Quarter
Net realized (gain) loss RealizedInvestmentGainsLosses $100.53K USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-2.10B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $-2.10B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $3.81B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $3.81B USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $119.09M USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $119.09M USD 1 Quarter
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $1.82B USD 3 Qtrs
Net change in unrealized appreciation/depreciation UnrealizedGainLossOnInvestments $1.82B USD 3 Qtrs
Sponsors fees payable IncreaseDecreaseInAccountsPayableRelatedParties $3.88M USD 3 Qtrs
Sponsors fees payable IncreaseDecreaseInAccountsPayableRelatedParties $3.88M USD 3 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-21.53B USD 3 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-21.53B USD 3 Qtrs
Proceeds from issuance of Shares ProceedsFromOtherEquity $21.61B USD 3 Qtrs
Proceeds from issuance of Shares ProceedsFromOtherEquity $21.61B USD 3 Qtrs
Payments on Shares redeemed Redemptions $82.44M USD 3 Qtrs
Payments on Shares redeemed Redemptions $82.44M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $21.53B USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $21.53B USD 3 Qtrs
Net decrease in cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-85.28K USD 3 Qtrs
Net decrease in cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-85.28K USD 3 Qtrs
Cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.72K USD Point-in-time
Cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.72K USD Point-in-time
Cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $100.00K USD Point-in-time
Cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $100.00K USD Point-in-time
Cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.72K USD Point-in-time
Cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $14.72K USD Point-in-time
Cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $100.00K USD Point-in-time
Cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $100.00K USD Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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