As filed with the U.S. Securities and Exchange Commission on September 17, 2020

File Nos. 333-179904 and 811-22649

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933	☒
Post-Effective Amendment No. 586	☒
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940	☒
Amendment No. 586	☒

(Check appropriate box or boxes)

iShares U.S. ETF Trust

(Exact Name of Registrant as Specified in Charter)

c/o State Street Bank and Trust Company

1 Lincoln Street

Mail Stop SFC0805

Boston, MA 02111

(Address of Principal Executive Office)(Zip Code)

Registrant’s Telephone Number, including Area Code: (415) 670-2000

The Corporation Trust Company

1209 Orange Street

Wilmington, DE 19801

(Name and Address of Agent for Service)

With Copies to:

MARGERY K. NEALE, ESQ.	DEEPA DAMRE, ESQ.
WILLKIE FARR & GALLAGHER LLP	BLACKROCK FUND ADVISORS
787 SEVENTH AVENUE	400 HOWARD STREET
NEW YORK, NY 10019-6099	SAN FRANCISCO, CA 94105

It is proposed that this filing will become effective (check appropriate box):

☐ Immediately upon filing pursuant to paragraph (b)

☒ On October 16, 2020, pursuant to paragraph (b)

☐ 60 days after filing pursuant to paragraph (a)(1)

☐ On (date) pursuant to paragraph (a)(1)

☐ 75 days after filing pursuant to paragraph (a)(2)

☐ On (date) pursuant to paragraph (a)(2)

If appropriate, check the following box:

☒ The post-effective amendment designates a new effective date for a previously filed post-effective amendment.

Explanatory Note

This Post-Effective Amendment No. 586 to the Registrant’s Registration Statement on Form N-1A is being filed pursuant to paragraph (b)(1)(iii) of Rule 485 of the Securities Act of 1933, as amended (the “1933 Act”), solely for the purpose of delaying, until October 16, 2020, the effectiveness of the registration statement for the iShares Commodity Multi-Strategy ETF (the “Fund”), filed in Post-Effective Amendment No. 448 on December 3, 2018, pursuant to paragraph (a) of Rule 485 of the 1933 Act.

The effectiveness of the Registration Statement of the Fund was previously delayed pursuant to paragraph (b)(1)(iii) of Rule 485 of the 1933 Act as follows:

PEA No.	Date Filed	Automatic Effective Date
464	February 15, 2019	March 15, 2019
472	March 14, 2019	April 5, 2019
475	April 4, 2019	May 3, 2019
482	May 2, 2019	May 31, 2019
488	May 30, 2019	June 28, 2019
496	June 27, 2019	July 26, 2019
503	July 25, 2019	August 23, 2019
510	August 22, 2019	September 20, 2019
517	September 19, 2019	October 18, 2019
525	October 17, 2019	November 15, 2019
533	November 14, 2019	December 13, 2019
543	December 12, 2019	January 10, 2020
548	January 9, 2020	February 7, 2020
552	February 6, 2020	March 6, 2020
557	March 5, 2020	April 3, 2020
561	April 2, 2020	May 1, 2020
565	April 30, 2020	May 29, 2020
569	May 28, 2020	June 26, 2020
573	June 25, 2020	July 24, 2020
578	July 23, 2020	August 21, 2020
582	August 20, 2020	September 18, 2020

This Post-Effective Amendment No. 586 incorporates by reference the information contained in Parts A, B and C of Post-Effective Amendment No. 448.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all the requirements for the effectiveness of this Registration Statement pursuant to Rule 485(b)(1)(iii) of the Securities Act of 1933, as amended, and has duly caused this Post-Effective Amendment No. 586 to the Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of San Francisco and the State of California on the 17^th day of September, 2020.

iSHARES U.S. ETF TRUST 

By:
	Armando Senra*
	President
	Date: September 17, 2020

Pursuant to the requirements of the Securities Act of 1933, as amended, this Post-Effective Amendment No. 586 to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated.

By:
	Salim Ramji*
	Trustee
	Date: September 17, 2020
	John E. Martinez*
	Trustee
	Date: September 17, 2020
	Cecilia H. Herbert*
	Trustee
	Date: September 17, 2020
	John E. Kerrigan*
	Trustee
	Date: September 17, 2020
	Robert S. Kapito*
	Trustee
	Date: September 17, 2020

	Madhav V. Rajan*
	Trustee
	Date: September 17, 2020
	Jane D. Carlin*
	Trustee
	Date: September 17, 2020
	Drew E. Lawton*
	Trustee
	Date: September 17, 2020
	Richard L. Fagnani*
	Trustee
	Date: September 17, 2020
	/s/ Trent W. Walker
	Trent W. Walker*
	Treasurer and Chief Financial Officer
	Date: September 17, 2020
*By:	/s/ Trent W. Walker
	Trent W. Walker
	Attorney-in-fact
	Date: September 17, 2020

* Powers of Attorney, each dated January 1, 2020, for Armando Senra, Salim Ramji, Jane D. Carlin, Cecilia H. Herbert, John E. Kerrigan, John E. Martinez, Madhav V. Rajan, Robert S. Kapito, Drew E. Lawton, Richard L. Fagnani and Trent W. Walker are incorporated herein by reference to Post-Effective Amendment No.554, filed February 25, 2020.