#MtGoxTransfers | BlackRock Launches Bitcoin ETP in Europe – Is a BTC Breakout Coming?**
**2025-03-25
In a major move signaling growing institutional crypto adoption, *BlackRock has announced the launch of its **Bitcoin ETP (Exchange-Traded Product)** in Europe, following in the footsteps of **21Shares**, which recently expanded its crypto ETP offerings in the region.
#BlackRock’s Bitcoin ETP Hits European Markets**
- **Product Name:** iShares Bitcoin ETP (Ticker: **IBIT**)
- **Launch Date:** **March 25, 2025**
- **Available On:**
- **Xetra (Germany)**
- **Euronext Paris (France)**
- **Euronext Amsterdam (Netherlands) – Same day**
- **Fee Structure:** **0.15% expense ratio** (with a temporary waiver reducing it from 0.25%)
*"This marks a tipping point—retail and institutional investors are increasingly entering the crypto space together,"* said **Manuela Sperandeo**, Head of Europe & Middle East iShares Product.
### **Why This Matters for Bitcoin**
- **U.S. Success Repeating in Europe?** BlackRock’s **iShares Bitcoin Trust (IBIT)** already holds **$50.96B in net assets** in the U.S., making it the largest **BTC ETF**. A similar surge in Europe could drive fresh institutional demand.
- **Growing Crypto Adoption in Europe:** Just days ago, **21Shares** listed **Bitcoin, Solana, and XRP ETPs** on **Nasdaq Stockholm**, further fueling institutional crypto access.
- **BTC Price Implications:** Increased inflows from European investors could support a **BTC breakout**, especially with the Mt. Gox repayments** narrative still in play.
### **Market Outlook: Is a Bitcoin Rally Ahead?**
With **BlackRock’s expansion into Europe**, combined with **rising institutional interest**, Bitcoin could be gearing up for its next major move. Key factors to watch:
✅ **Sustained demand for IBIT in Europe**
✅ **BTC reclaiming key resistance levels**
✅ **Broader market sentiment turning bullish**
$BTC is currently at a pivotal point—will BlackRock’s European debut be the catalyst for the next leg up?