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BlackRock Expands Crypto Presence in Europe with Launch of Bitcoin ETP

  • BlackRock, the world’s largest asset manager, has launched its first Bitcoin exchange-traded product (ETP) in Europe.
  • The iShares Bitcoin ETP started trading on Xetra in Germany, Euronext Paris, and Euronext Amsterdam.
  • BlackRock aims to provide regulated exposure to Bitcoin's price movements to institutional investors in Europe with this ETP launch.
  • BlackRock's entry into the European market is expected to improve liquidity and increase the cost-efficiency of the region's cryptocurrency market.

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