iShares Trust - iShares 0-1 Year TIPS Bond ETF (ICPI) is an exchange-traded fund that seeks to track the investment results of the ICE U.S. Treasury 0-1 Year Inflation Linked Bond Index, composed of inflation-protected U.S. Treasury bonds with remaining maturities of less than or equal to one year; these Treasury Inflation-Protected Securities (TIPS) provide principal and interest payments adjusted for inflation based on the non-seasonally adjusted Consumer Price Index for All Urban Consumers (CPI), offering investors a hedge against inflation while maintaining low duration risk. The ETF primarily holds U.S. Treasury securities, with nearly 100% allocation to issuers such as the United States Treasury; it features a low expense ratio of 0.09%, including a 0.09% management fee and no acquired fund fees or other expenses. iShares Trust, the registrant, operates as part of BlackRock's iShares platform, with principal executive offices at c/o BlackRock Fund Advisors, 400 Howard Street, San Francisco, CA 94105; the Trust was organized as a Delaware statutory trust on December 16, 1999. The ICPI ETF itself launched on November 19, 2025, focusing on the U.S. fixed income market segment for institutional and retail investors seeking short-term inflation protection. In recent developments, BlackRock has expanded its iShares ETF lineup through launches such as the iShares Total USD Fixed Income Market ETF (BTOT) on December 11, 2025, and earlier active ETFs like the iShares US Factor Rotation Active ETF; additionally, the firm completed acquisitions including HPS Investment Partners in July 2025 and announced the purchase of ElmTree Funds to bolster private markets capabilities, alongside record ETF inflows of $192 billion in the first half of 2025.