SUBJECT-32303.dossier · financial instrument · status: active
I(
subject of file

iShares Bitcoin Trust (IBIT)

Tracked because Entity connected to tracked networks · 4 documented connections
Editorial summary · AI-drafted from public records

Entity referenced in findings batch.

Facts on record0
Connections mapped4
Sources cited11
⚠ no sources
Stated vs Revealed
No documented contradictions on file.
[PUBLIC COST ESTIMATE]
Documented financial relationships span 0 money flow chains, while 2 elected officials hold documented connections.
0Money Chains
0Traced Hops
Connected Officials
Calculation Methodology

Contract values are summed from documented money flow chains where this entity appears as a source or destination node. Amounts are drawn from USASpending.gov, FEC filings, SEC EDGAR, or LD-2 lobbying registrations.

Donor contributions aggregate documented amounts from the donor_interests table, sourced from FEC individual and PAC contribution filings.

Connected officials are elected officials in our database with a mapped relationship (lobbying, board membership, campaign contribution, etc.) to this entity.

Annualised flow represents the total documented dollar amount traced through money flow hops involving this entity. Where hop-level amounts are unavailable, the chain-level documented total is used as a conservative upper bound.

All figures are drawn from public filings. Estimates are conservative — undisclosed transactions, dark money, and vanish-point hops are excluded from totals. This is a minimum documented floor, not a ceiling.

PATTERN organization → [donor] → person → [affiliation] → financi... 62× PATTERN financial instrument → [affiliation] → person → [donor] →... 62× PATTERN organization → [donor] → person → [investor] → financial ... 48× PATTERN financial instrument → [investor] → person → [donor] → or... 48× PATTERN organization → [affiliation] → person → [affiliation] → f... 8×
Connection Map
Key Connections
← Sheri Biggs person
investor
Biggs purchased up to $250,000 of IBIT on July 9, 2025 (one week before pro-crypto legislation advanced) and $100,001-$250,000 on March 4, 2026 — both in a spouse's managed UBS account.
← Shri Thanedar person
affiliation
Connection documented in FINDING-2026-008
Facts (0)
No facts yet.
All Connections (4)
← Shri Thanedar person
affiliation primary
Connection documented in FINDING-2026-008
← Aladdin System instrument
Product managed via Aladdin (inferred) inferential since 2020
BlackRock's iShares ETFs, including those used in Fed purchases, are managed using Aladdin. While IBIT not specifically named, Aladdin is used for BlackRock's own ETF portfolio management.
← BlackRock company
product_issuance inferential since 2024
BlackRock issues the iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF.
← Sheri Biggs person
investor primary since 2025
Biggs purchased up to $250,000 of IBIT on July 9, 2025 (one week before pro-crypto legislation advanced) and $100,001-$250,000 on March 4, 2026 — both in a spouse's managed UBS account.
Sources (11)
2026 UNVERIFIED Research: iShares Bitcoin Trust (IBIT) — Corporate registrations (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: iShares Bitcoin Trust (IBIT) — Lobbying disclosures (no results) government_disclosure Processed 📜 Receipt
2026 UNVERIFIED Research: iShares Bitcoin Trust (IBIT) — Court records (no results) court_document Processed 📜 Receipt
2026 UNVERIFIED Research: iShares Bitcoin Trust (IBIT) — USASpending contracts (no results) contract Processed 📜 Receipt
2026 UNVERIFIED Research: iShares Bitcoin Trust (IBIT) — Parliamentary records (no results) parliamentary_record Processed 📜 Receipt