Blackrock to Launch Bitcoin ETP in Europe as Institutions Dive Into Crypto
- Blackrock is planning to introduce a spot bitcoin exchange-traded product (ETP) in Europe.
- The firm aims to capitalize on growing institutional demand for cryptocurrencies.
- Blackrock’s U.S. bitcoin ETF has already amassed nearly $60 billion in assets.
- Blackrock is recognized as the world’s largest asset management company.
Blackrock, the leading asset manager, plans to launch a bitcoin ETP in Europe following the success of its U.S. bitcoin ETF, which has accumulated close to $60 billion in assets, reflecting strong institutional interest in crypto investments.
Source (2.6)https://news.bitcoin.com/blackrock-to-launch-bitcoin-etp-in-europe-as-institutions-dive-into-crypto/?rand=52384
