<ul><li>BlackRock, the world's largest asset manager, has introduced its iShares Bitcoin ETP (IB1T) in Europe, supported by Bitcoin held in cold storage.</li><li>The ETP has a total expense ratio (TER) of 0.15% and will be listed on Deutsche Börse, Euronext Paris, and Euronext Amsterdam. The fee is set to rise to 0.25% by the end of the year.</li><li>This move follows the success of BlackRock's US Bitcoin ETF, which has $50.7 billion in assets under management (AUM).</li><li>BlackRock's entrance into Europe's crypto ETP market reflects the growing demand for Bitcoin ETPs and the need to bridge the gap between cryptocurrencies and traditional finance.</li></ul>

BlackRock Introduces Bitcoin ETP in Europe amid Rising Demand for Cryptocurrencies

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