An Overview of IBIT VIP's Total Assets and Calculation of 30-Day Transaction Total

IBITTERS,

To be able to qualify as an IBIT VIP, you need to meet certain conditions of total assets and total 30-day trading volume, and the following is a calculation of how the conditions are applied.

1. Total Asset Amount:

• Snapshot of all account assets (will be converted to USDT), including spot and USDT perpetual contracts, is taken at 0:00 (UTC) the next day.
• During the snapshot, spot account assets (available, locked, and frozen), and contract account assets include margin and frozen assets but exclude unrealized profits and losses. Other account assets are included but exclude frozen assets.

2. 30-Day Trading Volume:

• Automatic calculation of the cumulative trading volume in the user's account over the last 30-days at 0:00 (UTC) the next day.
• Currently, this trading volume only supports USDT perpetual contract trading volume.

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