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Reuters
Tue, Mar 25, 2025, 1:42 AM 1 min read
In This Article:
LONDON (Reuters) - BlackRock has launched its archetypal bitcoin exchange-traded merchandise successful Europe, successful a bid to pat increasing request for cryptocurrency vulnerability successful caller markets aft attracting much than $50 cardinal into akin products successful the United States.
The world's largest plus manager has launched its 'iShares Bitcoin ETP', according to a BlackRock merchandise leafage online, which is domiciled successful Switzerland and listed successful Paris, Amsterdam and Frankfurt.
Reuters antecedently reported connected the planned motorboat past month. BlackRock declined to comment.
BlackRock was 1 of the archetypal organization investors to connection exchange-traded products successful the U.S. to way the spot terms of bitcoin aft the Securities and Exchange Commission archetypal approved them successful January 2024.
It has partnered with Coinbase arsenic custodian and Bank of New York Mellon arsenic head connected the latest product, the leafage said.
(Reporting by Iain Withers; Editing by Kirsten Donovan)
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