BlackRock Plans to Launch Bitcoin ETP in Europe
- BlackRock is set to list a new spot market Bitcoin exchange-traded product (ETP) in Europe.
- The ETP will be based in Switzerland, with advertising potentially starting this month.
- BlackRock launched its first Bitcoin ETF, IBIT, in January 2024 after delays from the U.S. SEC.
- IBIT had a successful debut, surpassing BlackRock’s Gold ETF in asset holdings.
- The net assets of IBIT are valued at $57.4 billion.
BlackRock is expanding its digital asset ventures by introducing a Bitcoin ETP in Europe, following the success of its U.S. Bitcoin ETF, IBIT, which holds $57.4 billion in assets.
Source (2.6)https://dailyhodl.com/2025/02/05/blackrock-to-list-new-spot-bitcoin-etp-in-europe-following-big-success-of-us-product-report/?rand=59076
