BlackRock Introduces Bitcoin ETP in European Market
- BlackRock launched its first European Bitcoin exchange-traded product (ETP).
- The ETP is physically backed by Bitcoin and secured through Coinbase Custody International Ltd.
- The launch marks BlackRock’s entry into the European cryptocurrency market.
- Michael Gates, a lead portfolio manager at BlackRock, highlighted Bitcoin’s long-term investment potential.
BlackRock has entered the European market with its first Bitcoin ETP, secured by Coinbase Custody International Ltd., reflecting the firm’s commitment to integrating cryptocurrencies into mainstream financial strategies.
Source (2.6)https://dailyhodl.com/2025/03/25/11500000000000-blackrock-launches-bitcoin-btc-exchange-traded-product-in-europe-report/?rand=59076
