USBF Form 25 filed: iShares USD Systematic Bond ETF removal notice

Rhea-AI Filing Summary

iShares Trust (USBF) submitted a Form 25 notification indicating the iShares USD Systematic Bond ETF class of securities is being removed from listing and/or registration on NYSE Arca, Inc. The filing cites compliance with the Exchange rules and with the Securities Exchange Act procedures for voluntary withdrawal. The notice contains administrative details only and does not include transaction amounts, dates of removal, or reasons beyond rule compliance.

Positive

• Exchange and issuer compliance with the cited withdrawal rules is explicitly stated
• Form 25 filed, creating an official record of the planned removal

Negative

• Listing removal may reduce liquidity for the ETF and affect tradability
• No effective date or rationale disclosed, leaving timing and investor impact unclear

Insights

Exchange Compliance Analyst

TL;DR: The filing documents a voluntary removal of USDF from NYSE Arca with procedural compliance.

The submission is a procedural Form 25 stating the class of securities for iShares Trust (ticker USBF) will be struck from listing on NYSE Arca, Inc. and that the Exchange and issuer have followed the cited rule provisions for withdrawal.

The primary dependency is administrative: market participants need the effective delisting date and any related transfer arrangements (none are provided). Monitor regulatory notices or exchange publications for the precise effective date and any shareholder communications.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-15897

Issuer:	iSHARES TRUST
Exchange:	NYSE ARCA, INC.

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	400 Howard Street
	San Francisco	CALIFORNIA	94105
Telephone number:

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

iShares ESG Advanced Investment Grade Corporate Bond ETF; iShares Focused Value Factor ETF; iShares Future Cloud 5G and Tech ETF

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NYSE ARCA, INC. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-08-21	By	Tyler Mastronardi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 25 filing for iShares Trust (USBF) mean?

The Form 25 notifies that the iShares USD Systematic Bond ETF class of securities is being removed from listing and/or registration on NYSE Arca, Inc. and certifies procedural compliance.

Does the filing state when USBF will be delisted?

No. The filing does not provide an effective delisting date or timeline.

Who certified compliance with the withdrawal rules for USBF?

The filing states that NYSE Arca, Inc. and the issuer have complied with the applicable rule provisions for withdrawal.

Does the Form 25 include reasons or financial details for USBF's removal?

No. The document contains only procedural statements and administrative information; it includes no financial figures or rationale beyond rule compliance.

Where can investors find the effective date of the USBF delisting?

Investors should consult subsequent exchange notices or issuer communications for the effective date, which is not in this filing.