BlackRock Expands Crypto Offerings with Bitcoin Fund in Europe
- Each ETP security corresponds to a specific amount of Bitcoin.
- Coinbase will custody the digital assets for BlackRock’s investment vehicle.
- BlackRock’s spot Bitcoin ETF was approved in January 2024.
- The firm manages over $11 trillion in assets globally.
- BlackRock’s spot Ethereum fund attracted over $4 billion since July 2024.
- A $1.7 billion tokenized treasury fund launched on Solana blockchain by Securitize.
BlackRock, managing over $11 trillion, received approval for its spot Bitcoin ETF in January 2024. Its Ethereum fund has garnered over $4 billion since launching in July 2024, highlighting growing institutional interest in crypto investments.
Source (2.6)https://decrypt.co/311599/blackrock-launches-bitcoin-fund-in-europe-following-roaring-ibit-success?rand=52368
