BlackRock Rolls Out Bitcoin ETP in Europe
BlackRock has made waves by launching a Bitcoin exchange-traded product (ETP) on multiple European stock exchanges. The iShares Bitcoin ETP commenced trading on March 25, making its debut on platforms like Xetra, Euronext Amsterdam, and Euronext Paris. This launch follows the tremendous success of BlackRock’s iShares Bitcoin Trust ETF in the US, which currently holds $50.7 billion in assets, accounting for roughly 2.73 percent of the total Bitcoin supply. The introduction of this ETP provides investors in Europe with an accessible way to explore Bitcoin, potentially driving further adoption and interest in the cryptocurrency space.