BlackRock Australia is preparing to introduce its first Bitcoin exchange-traded fund (ETF) this month to offer local investors a regulated path to gain exposure to BTC.
The iShares Bitcoin ETF (IBIT) will begin trading on the Australian Securities Exchange in mid-November, according to a new update.
This fund will levy an annual management fee of 0.39%. Additionally, it aims to mirror the performance of BlackRock’s Bitcoin ETF, which currently manages roughly $85 billion in assets. Notably, the trust itself was first introduced in January 2024.
Simplifying Bitcoin Access for Advisers and Institutions
According to Tamara Stats, who oversees Institutional Client Business at BlackRock Australasia, the new ETF underlines the company’s commitment to innovation. She said the launch reflects growing institutional demand for efficient, convenient Bitcoin exposure as a portfolio diversifier.
Steve Ead, who leads Global Product Solutions at BlackRock Australasia, noted that IBIT will offer Australians a Bitcoin investment in a familiar ETF format. He added that the company aims to “broaden access and democratise investment opportunities” through the ASX listing.
Part of a Broader ETF Expansion Strategy
The Bitcoin ETF launch follows another product announcement from BlackRock last week. The firm revealed plans to list the iShares Core Global Aggregate Bond (AUD Hedged) ETF (AGGG) in early November 2025.
The AGGG fund offers exposure to a range of high-quality bonds worldwide, including government, corporate, and securitized debt. Its performance is measured against the Bloomberg Global Aggregate Bond Index (AUD Hedged). Furthermore, the fund will charge an annual management fee of 0.18%.
ETF Growth Driving BlackRock’s Global Momentum
Exchange-traded funds have become a key source of growth for BlackRock worldwide. As of the end of Q3, the company reported $153 billion in new inflows into its iShares ETFs. Core equity ETFs saw $53 billion in inflows, while fixed-income ETFs added $41 billion. BlackRock’s iShares division now manages around $5 trillion in assets globally.
In Australia alone, iShares ETFs recently surpassed $50 billion in AUM, signaling growing confidence among local investors and advisers.
ETF Innovation Expanding in Australia
BlackRock said demand for ETFs in Australia continues to evolve, with growing interest in fixed income, active strategies, and digital assets. The company believes that products like IBIT will be instrumental in providing investors with transparent and efficient access to emerging asset classes such as Bitcoin.
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