3 days ago
BlackRock (BLK), the planetary plus manager down the largest U.S. spot bitcoin (BTC) exchange-traded money (ETF), is acceptable to database a bitcoin exchange-traded merchandise (ETP) successful Europe, its archetypal crypto ETP extracurricular North America.
The iShares Bitcoin ETP volition commercialized connected Xetra and Euronext successful Paris nether the ticker IB1T and connected Euronext Amsterdam arsenic BTCN connected Tuesday, according listing details connected iShares' website.
BlackRock's iShares Bitcoin Trust ETF (IBIT) is by acold the largest of the 12 spot bitcoin ETFs listed successful the U.S., with nett assets worthy implicit $50 cardinal and cumulative nett inflows of conscionable nether $40 billion, according to information tracked by SoSoValue.
Coinbase (COIN), which provides custody for IBIT, volition bash the aforesaid for the European product.
The interest for the European ETP is temporarily reduced by 10 ground points to 0.15% until the extremity of 2025.
The ETP's instauration was reported earlier by Bloomberg.
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