2026-03-31 10:21:22
Jay Jacobs Appointed as President and CEO of iShares Bitcoin Trust ETF Sponsor
Expected Stock impact: Slightly Positive
On March 27, 2026, Jay Jacobs was appointed to the Board of Directors of iShares Delaware Trust Sponsor LLC, the sponsor of the iShares Bitcoin Trust ETF. This appointment was made by BlackRock Asset Management International Inc., the member of the Sponsor. In addition to his board position, Mr. Jacobs has also taken on the role of President and Chief Executive Officer of the Sponsor. Jacobs, a Managing Director at BlackRock, has been instrumental in overseeing the product strategy and client engagement for BlackRock's U.S. index and active equity ETF business since April 2025. His previous experience includes leading the research and strategy team at Global X ETFs and serving as a business analyst at the New York Stock Exchange. He holds a BA in International Studies from Emory University and an MBA from Columbia Business School, and is a CFA charterholder. Furthermore, effective the same day, Shannon Ghia resigned from her positions as Director and CEO of the Sponsor. Her resignation was confirmed to not be due to any disputes or disagreements regarding the Trust's operations or policies. This leadership change is expected to have a positive impact on the strategic direction of the iShares Bitcoin Trust ETF, as Jacobs brings a wealth of experience and a strong track record in the ETF space.
