A new, metastable polymorph of V 2 O 3 with a bixbyite structure was recently stabilized in colloidal nanocrystal form. Here, we report the reversible incorporation of oxygen in this material, which can be controlled by varying temperature and oxygen partial pressure. Based on X-ray diffraction (XRD) and thermogravimetric analysis, we find that oxygen occupies interstitials sites in the bixbyite lattice. Two oxygen atoms per unit cell can be incorporated rapidly and with minimal changes to the structure, while the addition of three or more oxygen atoms destabilizes the structure, resulting in a phase change that can be reversed upon oxygen removal. Density functional theory (DFT) supports the reversible occupation of interstitial sites in bixbyite by oxygen and the 1.1 eV barrier to oxygen diffusion predicted by DFT matches the activation energy of the oxidation process derived from observations by in situ XRD. Thus, the observed rapid oxidation kinetics are facilitated by short diffusion paths through the bixbyite nanocrystals. Due to the exceptionally low temperatures of oxidation and reduction, this earthabundant material is proposed for use in oxygen storage applications.The oxides of vanadium are known for both their structural complexity and fascinating properties, as manifested in the many stable and metastable phases and phase transitions that exist in these materials. Vanadium sesquioxide (V 2 O 3 ) is one such oxide, transforming from the antiferromagnetic, insulating monoclinic phase to the paramagnetic, metallic corundum phase at 170 K. [1][2][3] This phase transformation is of great fundamental importance due to its model Mott-Hubbard transition behavior. 4 Recently, a metastable phase of V 2 O 3 with a cubic, bixbyite structure was discovered. 5 This new polymorph has since been the subject of several studies, both fundamental and applied, including its proposed use as a p-type conductor and battery electrode. 6,7 Synthesizing V 2 O 3 nanocrystals stabilizes the metastable phase and allowed us, in 2013, to prepare phase pure bixbyite. 8 Using our colloidal synthetic method, we now demonstrate low temperature, reversible oxidation and reduction of bixbyite V 2 O 3 nanocrystals, a phenomenon which could be harnessed for oxygen storage.The bixbyite structure has a body-centered cubic lattice with space group Ia-3. Often described as anion deficient fluorite, bixbyite is comparable to a 2 x 2 x 2 fluorite supercell with a quarter of the anions removed, as demonstrated in Figure 1. These vacated sites are the 16c Wyckoff positions in the Ia-3 space group, which are inherently unfilled in bixbyite. 9 Cations in the bixbyite structure populate two symmetry inequivalent positions-the 8b and 24d Wyckoff positions, otherwise known as b-and d-sites,