BlackRock Launches Bitcoin ETP in Europe, Expanding Crypto Offerings

BlackRock Inc., the world's largest asset manager with $11 trillion in assets under management, is launching a Bitcoin exchange-traded product (ETP) in Europe. The Swiss-based ETP will provide European investors with direct exposure to Bitcoin through a regulated investment vehicle.

This initiative follows BlackRock's prior success with cryptocurrency products in the United States and reflects the growing institutional interest in digital assets. The launch is expected to attract significant inflows as investors seek diversified exposure to cryptocurrencies.

Separately, 21Shares has expanded its European offerings by listing three new crypto ETPs on Nasdaq Stockholm: CBTC, ASOL, and AXRP. These products provide exposure to Bitcoin, Solana with staking yields, and XRP, respectively. The 21Shares Bitcoin Core ETP offers 100% physically-backed exposure to Bitcoin with a 0.21% management fee.

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