US EditionBlackRock (BLK) to List Bitcoin Exchange-Traded Product ETP in Europe
- BlackRock has launched its physical Bitcoin Exchange-Traded Product for European investors, marking a significant milestone in cryptocurrency investment.
- The Bitcoin ETP is based in Switzerland, with actual Bitcoin stored in Coinbase cold storage, and is already trading on major European exchanges including Xetra and Euronext under the tickers IB1T and BTCN.
- BlackRock's initiative reflects market demand, as 75% of professional investors seek Bitcoin ETP access in the next two years according to the company's research.
- Jane Sloan, EMEA Head of Global Product Solutions at BlackRock, stated that the ETPs will help bridge cryptocurrency and traditional finance in Europe.
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BlackRock (BLK) to List Bitcoin Exchange-Traded Product ETP in Europe
BlackRock (BLK), the global asset manager behind the largest U.S. spot bitcoin (BTC) exchange-traded fund (ETF), listed a bitcoin exchange-traded product (ETP) in Europe on Tuesday, its first crypto ETP outside North America.The iShares Bitcoin ETP started trading on Xetra and Euronext in Paris under the ticker IB1T and on Euronext Amsterdam as BTCN, according listing details on iShares' website.The company's iShares Bitcoin Trust ETF (IBIT) is …
·Manila, Philippines
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