BlackRock launches bitcoin ETP in Europe following US success
Quick Take BlackRock’s iShares Bitcoin ETP will be listed on Euronext Paris, Xetra and Euronext Amsterdam on Tuesday. This marks BlackRock’s first introduction of crypto-backed ETPs outside North America.

BlackRock is launching its bitcoin exchange-traded product in Europe on Tuesday, following the success of its U.S. spot bitcoin ETF, which was launched last year.
BlackRock's iShares Bitcoin ETP will be listed on Euronext Paris and Xetra under the "IB1T" ticker, as well as on Euronext Amsterdam under "BTCN" today.
According to iShares , the ETP is backed by bitcoin held by Coinbase Custody International Ltd. in cold storage.
The listing of the bitcoin ETPs in Europe marks BlackRock's first introduction of crypto-backed ETPs outside North America, according to Bloomberg. As of Monday, the iShares Bitcoin Trust, BlackRock's spot Bitcoin ETF in the U.S., has recorded a cumulative net inflow of $39.8 billion and holds $50.69 billion in net assets, making it the largest among U.S. spot bitcoin ETFs.
U.S. spot bitcoin ETFs have recently enjoyed a sustained period of success, recording positive flows for seven straight days . On Monday, these U.S. ETFs saw $84 million in net inflows, with a total trading volume of $1.97 billion, according to SoSoValue data .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Satoshi’s Bitcoin Holdings May Surpass Bill Gates’ Amid May Exchange Netflow Trends

Bitcoin traders predict ‘larger correction’ as BTC price eyes sub-$100K liquidity

Is a New Altcoin Season Dawning? Comparing Bitcoin and Altcoins Outlook
Unpacking Predictions and Uncertainties Surrounding the Potential Onset of Altcoin Season

Is Ethereum (ETH) Gearing Up for a Rally? Key Fractal Hints at Bullish Continuation

Trending news
MoreCrypto prices
More








