BlackRock Expands Its Crypto Offering
BlackRock, the world’s largest asset manager, launches its first Bitcoin ETP in Europe. An ETP (Exchange-Traded Product) is a type of investment product that tracks the price of an asset, like Bitcoin, and is traded on traditional stock exchanges, offering investors a more accessible and regulated way to gain exposure to the asset. This launch follows the success of BlackRock's U.S. Bitcoin ETF, which has over $50 billion in assets under management (AUM).
BREAKING:
— Ash Crypto (@Ashcryptoreal) March 25, 2025
BLACKROCK IS LAUNCHING A SWISS
BASED BTC ETP IN EUROPE TODAY.
MASSIVE INFLOW IS COMING! pic.twitter.com/E0ISieRQXm
BREAKING:
— Ash Crypto (@Ashcryptoreal) March 25, 2025
BLACKROCK IS LAUNCHING A SWISS
BASED BTC ETP IN EUROPE TODAY.
MASSIVE INFLOW IS COMING! pic.twitter.com/E0ISieRQXm
Where You Can Trade the ETP
The iShares Bitcoin ETP will be available on:
- Xetra
- Euronext Paris (IB1T ticker)
- Euronext Amsterdam (BTCN ticker)
Attractive 0.15% Fee Waiver
To attract investors, BlackRock is offering a temporary fee waiver until year-end. The fee for the ETP will be just 0.15%, one of the most competitive in Europe.
Driving Adoption in Europe
Although Europe’s crypto market is smaller than the U.S., BlackRock’s low-cost offering could spark increased adoption of Bitcoin ETPs. Experts believe this could help grow the European market and challenge U.S. dominance.
Challenges and Impact
Some experts are cautious about the impact of BlackRock’s Bitcoin ETP on Bitcoin’s price, as centralized trading volumes dominate. However, the product could increase institutional demand for Bitcoin in Europe.
MiCA Regulations
The European MiCA regulations provide a clear framework for crypto products, making it easier for firms like BlackRock to launch compliant offerings.
