This page calculates the value of iShares U.S. Treasury Bond ETF tokenized stock (rGOVT) in Bermudan Dollar (BMD). Exchange rates are based on real-time trading data from the rGOVT/USDT trading pair on the Bitget spot stock market.

rGOVT is a Bitget rToken issued by Reality and backed 1:1 by iShares U.S. Treasury Bond ETF shares. This means you can buy rGOVT using crypto (such as USDT) without needing to open a U.S. stock account. Trading rGOVT on Bitget offers the same experience as trading crypto such as BTC.

rGOVT is a blockchain-based synthetic asset and an on-chain representation of the underlying stock. Holding this token does not constitute actual equity ownership in the underlying company and does not grant shareholder voting rights. However, holders are entitled to equivalent dividend distributions if the underlying stock pays dividends. Bitget converts the stock's dividend payouts into an equivalent amount of USDT and distributes it to token holders' Bitget accounts at a 1:1 ratio.

Risk warning: Trading financial derivatives such as tokenized stocks carries significant risk. Assess your risk tolerance and make informed decisions before investing.

1 iShares U.S. Treasury Bond ETF (rGOVT) equals22 Bermudan Dollar

Last updated as of 2026/09/24 01:50:40 (UTC+0)Refresh

From

rGOVT

BMD

Bitget converter provides rGOVT to BMD real-time exchange rates, making it easy to convert iShares U.S. Treasury Bond ETF (rGOVT) to Bermudan Dollar (BMD). The conversion result is based on real-time data. The conversion result shows that 1 rGOVT is currently valued at 22 BMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.

rGOVT to BMD chart

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rGOVT/BMD: 1 rGOVT = 22 BMD. The price of converting 1 iShares U.S. Treasury Bond ETF (rGOVT) to Bermudan Dollar (BMD) is 22 BMD today.

In the past 1D, iShares U.S. Treasury Bond ETF has changed -0.21% to BMD. Based on the trend and price charts, iShares U.S. Treasury Bond ETF(rGOVT) has changed -0.21% to BMD while Bermudan Dollar(BMD) has changed % to rGOVT in the last 24 hours.

Live rGOVT price

What is Bitget rToken?

Bitget rToken is a new batch of tokenized stocks launched by Bitget on its spot trading market. These are tokenized assets pegged 1:1 to real U.S. stocks, offering an improved option for users who need real-time trading and flexible allocation between U.S. stocks and crypto assets.

All Bitget rTokens are issued by Reality, Bitget's licensed RWA protocol, which partners with compliant broker Alpaca to connect directly to global liquidity pools such as Nasdaq and the NYSE. Each rToken is backed by real stock held in 1:1 custody at a licensed broker, supporting native U.S. stock liquidity.

Key features of Bitget rToken (rGOVT)

Asset attributeA tokenized stock pegged 1:1 to a real U.S. stock.

IssuerReality (Bitget's licensed RWA protocol).

DividendsDividends are automatically distributed to your account in USDT, with no manual action required.

Fractional shareSupports fractional share trading, starting from as low as 1 USDT.

Trading hoursSome rTokens offer native U.S. stock liquidity 24/5, while others support 24/7 trading.

How to buyCan be purchased directly with USDT, USDC, or BTC, with no conversion required.

Position usageCan be held as an investment position, and also used as combined margin for Bitget's unified trading account and USDT-M futures.

Asset security100% Proof of Reserves (verifiable at any time).Over $300 million user protection fund.

In short, rGOVT is a tokenized stock issued by licensed issuer Reality, pegged 1:1 to real iShares U.S. Treasury Bond ETF stock. It supports 24/7 trading, fractional shares, and dividends, and can be used as margin for the platform's unified trading account and USDT-M futures.

How Bitget rToken (rGOVT) works

During U.S. market hours—including the regular session, pre-market, after-hours, and overnight sessions—spot orders for rGOVT are routed directly through a broker to the Nasdaq or NYSE order book. Once the trade is executed on the U.S. stock market, the execution result is reflected in the on-exchange spot order record. Any order you place for rGOVT while the U.S. market is open will also appear on the Nasdaq or NYSE order book. This means that during U.S. market hours, the trading price and liquidity of rGOVT are exactly the same as those of the underlying stock. Orders for rGOVT and their execution results are part of the U.S. stock market. There is no spread or so-called de-pegging, because rGOVT trades are executed directly on the U.S. stock market itself. The execution price you see for rGOVT is identical to the stock's price at that exact moment.

This makes rGOVT fundamentally different from traditional RWA tokens. The price of a traditional RWA asset is determined by on-chain liquidity and trading activity, whereas the price of rGOVT is directly equivalent to the stock price—it does not rely on any other mechanism to peg the asset's price. In terms of trading outcomes, trading rGOVT is no different from trading the stock directly.

Buy/sell rGOVT now

Convert between rGOVT and fiat currencies on Bitget

The Bitget price calculator provides real-time conversion rates from rGOVT to BMD and other currencies. Note that the calculator is only intended to calculate conversion values between rTokens and fiat currencies. Bitget does not support direct conversion between rTokens and fiat currencies, but you can convert between them indirectly on Bitget using USDT as an intermediary.

If you want to buy rGOVT with fiat currency, follow these steps:

1. Sign up for a free Bitget account and complete identity verification.

2. Buy USDT with fiat currency on the Bitget fiat market.

3. Find the rGOVT/USDT trading pair on the Bitget spot stock market to buy rGOVT with USDT.

If you want to convert rGOVT to fiat currency, follow these steps:

1. Log in to your Bitget account.

2. Find the rGOVT/USDT trading pair on the Bitget spot stock market to convert rGOVT to USDT.

3. After selling USDT on the Bitget fiat market, the fiat currency will be credited to your fiat account.

1 rGOVT is currently valued at 22 BMD, which means buying 5 rGOVT would cost 110 BMD. Similarly, $1 BMD can be converted to 0.04545 rGOVT, and $50 BMD can be converted to 0.2273 rGOVT, excluding any platform or gas fees.

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More offers Trade rGOVT/USDT

Buy rGOVT with USDT on the spot stock market, or convert rGOVT to USDT.

Pair

Type

Price

24h volume

Action

rGOVT/USDT

Spot

$367.72M

Trade

View the iShares U.S. Treasury Bond ETF futures trading guide for more insights on iShares U.S. Treasury Bond ETF futures and related data.

Convert rGOVT to BMD

Convert BMD to rGOVT

iShares U.S. Treasury Bond ETF

Bermudan Dollar

1 rGOVT

22 BMD

Exchange 1 rGOVT for 22 BMD

2 rGOVT

44 BMD

Exchange 2 rGOVT for 44 BMD

5 rGOVT

110 BMD

Exchange 5 rGOVT for 110 BMD

10 rGOVT

220 BMD

Exchange 10 rGOVT for 220 BMD

20 rGOVT

440 BMD

Exchange 20 rGOVT for 440 BMD

50 rGOVT

1,100 BMD

Exchange 50 rGOVT for 1,100 BMD

100 rGOVT

2,200 BMD

Exchange 100 rGOVT for 2,200 BMD

200 rGOVT

4,400 BMD

Exchange 200 rGOVT for 4,400 BMD

500 rGOVT

11,000 BMD

Exchange 500 rGOVT for 11,000 BMD

1000 rGOVT

22,000 BMD

Exchange 1000 rGOVT for 22,000 BMD

5000 rGOVT

110,000 BMD

Exchange 5000 rGOVT for 110,000 BMD

10000 rGOVT

220,000 BMD

Exchange 10000 rGOVT for 220,000 BMD

In the table above, you'll find a comprehensive rGOVT to BMD converter that shows the value of iShares U.S. Treasury Bond ETF in Bermudan Dollar across commonly used conversion amounts. The list covers conversions from 1 rGOVT to BMD, all the way up to 10000 rGOVT, providing a clear view of their respective values.

Bermudan Dollar

iShares U.S. Treasury Bond ETF

1 BMD

0.04545 rGOVT

Exchange 1 BMD for 0.04545 rGOVT

10 BMD

0.4545 rGOVT

Exchange 10 BMD for 0.4545 rGOVT

50 BMD

2.27 rGOVT

Exchange 50 BMD for 2.27 rGOVT

100 BMD

4.55 rGOVT

Exchange 100 BMD for 4.55 rGOVT

200 BMD

9.09 rGOVT

Exchange 200 BMD for 9.09 rGOVT

500 BMD

22.73 rGOVT

Exchange 500 BMD for 22.73 rGOVT

1000 BMD

45.45 rGOVT

Exchange 1000 BMD for 45.45 rGOVT

2000 BMD

90.91 rGOVT

Exchange 2000 BMD for 90.91 rGOVT

5000 BMD

227.27 rGOVT

Exchange 5000 BMD for 227.27 rGOVT

10000 BMD

454.55 rGOVT

Exchange 10000 BMD for 454.55 rGOVT

50000 BMD

2,272.73 rGOVT

Exchange 50000 BMD for 2,272.73 rGOVT

100000 BMD

4,545.45 rGOVT

Exchange 100000 BMD for 4,545.45 rGOVT

In the table above, you'll find a comprehensive BMD to rGOVT converter that shows the value of Bermudan Dollar in iShares U.S. Treasury Bond ETF across commonly used conversion amounts. The list covers conversions from 1 BMD to rGOVT, all the way up to 100000 BMD, providing a clear view of their respective values.

rGOVT to BMD Conversion tables

The exchange rate of iShares U.S. Treasury Bond ETF is decreasing.

The exchange rate of 1 rGOVT to Bermudan Dollar has changed by -0.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.21%, reaching a high of 22.19 BMD and a low of 21.99 BMD . One month ago, the value of 1 rGOVT was $22.41 BMD , which represents a -1.85% change from its current value. Over the last year, iShares U.S. Treasury Bond ETF has changed by

1.13BMD

, resulting in a change of -4.89% in its value.

24 hours ago1 month ago1 year ago

Amount	01:50 am today	24 hours ago	24h change
0.5 rGOVT	$11	$11.02	-0.21%
1 rGOVT	$22	$22.05	-0.21%
5 rGOVT	$110	$110.23	-0.21%
10 rGOVT	$220	$220.47	-0.21%
50 rGOVT	$1,100	$1,102.34	-0.21%
100 rGOVT	$2,200	$2,204.67	-0.21%
500 rGOVT	$11,000	$11,023.35	-0.21%
1000 rGOVT	$22,000	$22,046.7	-0.21%

rGOVT to BMD FAQ

How much is 1 iShares U.S. Treasury Bond ETF in BMD?

Right now, the price of 1 iShares U.S. Treasury Bond ETF (rGOVT) in Bermudan Dollar (BMD) is $22.

How much rGOVT can I buy for 1 BMD?

Based on the current exchange rate, you can get 0.04545 rGOVT for 1 BMD.

How do I calculate or convert rGOVT to BMD?

You can use our rGOVT to BMD calculator at the top of this page to convert any amount of rGOVT to BMD. We've also included quick-reference tables for the most popular conversions. For example, 5 BMD is equivalent to 0.2273 rGOVT, while 5 rGOVT will cost around 110BMD.

What is the highest price of rGOVT/BMD in history?

The all-time high price of 1 rGOVT in BMD is $28.98. It remains to be seen if the value of 1 rGOVT/BMD will exceed the current all-time high.

What is the price trend of iShares U.S. Treasury Bond ETF in BMD?

Over the past 7 days, the exchange rate of iShares U.S. Treasury Bond ETF (rGOVT) has gone down by 0.59%. Over the last month, the exchange rate of iShares U.S. Treasury Bond ETF (rGOVT) has gone down by 1.85% against Bermudan Dollar (BMD).

What factors influence the conversion rate of rGOVT to BMD?

There are many factors that affect the relationship between iShares U.S. Treasury Bond ETF and Bermudan Dollar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:

Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of rGOVT/BMD. When there is positive news in the market about the widespread adoption of rGOVT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of rGOVT/BMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in rGOVT/BMD.

Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.

Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of rGOVT/BMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.

Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.

Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of iShares U.S. Treasury Bond ETF and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.