IBIT Stock Price Prediction 2024 To 2030 – The top Bitcoin ETF in the US is the iShares Bitcoin Trust ETF ($IBIT). Although its shares are priced at a fraction of 1 BTC so that regular investors may easily buy in, it immediately tracks the price of Bitcoin. In 2024, 2025, and 2030, we’ll examine the potential price range for shares of $IBIT in our iShares Bitcoin Trust ETF price projection. Find out if this Bitcoin ETF is a worthwhile investment right now by reading on.
About – iShares Bitcoin Trust ETF
The world’s largest asset manager, BlackRock, introduced a new exchange-traded fund (ETF) in January 2024 called the iShares Bitcoin Trust, with the ticker code IBIT. It provides investors with exposure to Bitcoin without requiring them to purchase, hold, or exchange the actual bitcoin.
In contrast to conventional investing options such as stocks or bonds, IBIT provides exposure to Bitcoin, a decentralized digital currency. This implies that investors won’t have to deal with the hassles of actually purchasing, holding, and trading Bitcoin in order to potentially profit from its price fluctuations.
What does IBIT stand for?
The iShares Bitcoin Trust is simply represented by the ticker code IBIT. Other than serving as an identifying code to track the ETF on stock exchanges, it has no particular importance.
Overview of iShares Bitcoin Trust ETF Price
- OPEN – $34.81
- DAY Low – $34.64
- Day High – $36.44
- 52 WEEK Low – $22.02
- 52 Week High – $41.99
- MARKET CAP – N/A
- TOTAL NET ASSETS –$22.562B
- BETA –1.74
- NAV – $34.31
- NET EXPENSE RATIO – 0.12%
IBIT Stock Price Prediction 2024 To 2030
| Year | Share Price Target |
| 2024 | $72.34 |
| 2025 | $147.76 |
| 2026 | $165.48 |
| 2027 | $187.52 |
| 2028 | $224.98 |
| 2029 | $286.53 |
| 2030 | $324.75 |
Our price forecast for the iShares Bitcoin Trust ETF indicates that it is expected to rise significantly by the end of 2024 and perhaps double in value by 2025. It might gain from macroeconomic circumstances, new crypto regulations after the US presidential election, and a post-Bitcoin halving rally. Those looking to gain exposure to Bitcoin should carefully assess if using $IBIT is the most effective approach to do so. In comparison to rival Bitcoin ETFs, $IBIT charges greater management fees, and its investors do not get full ownership of Bitcoin as they would if they made an on-chain purchase.
