According to CoinMeta, Blackstone’s iShares stock + Bitcoin ETF portfolio ( IBQT ) is configured with 97% in stocks and 3% in Bitcoin, marking a shift from a product that tracks a single digital asset to a more diversified long-term asset allocation. IBQT achieves exposure to a variety of Canadian, U.S., international, and emerging market stocks by holding other iShares ETF, while maintaining a strategic allocation to Bitcoin. The annual management fee for this fund is set at 0.22%. The structure of IBQT allows investors to obtain Bitcoin exposure through the same regulated portfolio, without the need to manage the custody and rebalancing of crypto assets separately.