On September 3, iShares Bitcoin Trust rose 3.04% in regular trading, trading at $45.18/share, with turnover of $882 million. The rally comes as BlackRock publicly reaffirmed that a 1%-2% Bitcoin allocation meaningfully improves portfolio risk-adjusted returns.

According to BlackRock's latest research, adding 1% Bitcoin to a traditional portfolio lifts the Sharpe ratio to 0.90, and a 2% allocation pushes it to 0.96, while maximum drawdown increases only marginally from -20.3% to -20.9%. BlackRock characterized Bitcoin's fixed supply, decentralization, and independence from sovereign issuers as fundamentally differentiating its risk profile from traditional assets. IBIT, launched in January 2024, surpassed $50 billion in assets in under a year and now holds approximately 775,000 BTC — over 60% of all US spot Bitcoin ETF holdings.

The endorsement arrives amid broader institutional momentum. Over recent sessions, US spot Bitcoin ETFs have seen sustained net inflows, with IBIT alone accumulating over $2.6 billion in eight trading days. Gold and Bitcoin ETFs together attracted a record $7 billion over five trading days as investors positioned for a so-called devaluation trade driven by US fiscal deficit concerns and dollar weakness.

The iShares Bitcoin Trust seeks to reflect generally the performance of the price of bitcoin.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)