ETPinEurope
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BITCOIN ETP IN SWITZERLAND: DETAILS…
- BlackRock is preparing to list a Bitcoin exchange-traded product (ETP) in Switzerland, marking its first such product outside North America, according to Bloomberg.
- The firm has not officially commented on the development, but sources suggest that marketing efforts could begin as early as this month.
- This comes after the success of its iShares Bitcoin Trust (IBIT) in the US, which has gathered over $58 billion in assets,
Key Details:
- Unlike traditional ETFs, which trade on major stock exchanges, a Bitcoin ETP provides regulated exposure to BTC in a familiar investment format.
- Given BlackRock’s $4.4 trillion ETF empire, its move could accelerate mainstream adoption of Bitcoin investment vehicles in Europe.
- The ETP is expected to be domiciled in Switzerland, a country known for its crypto-friendly regulations.
- Switzerland’s "Crypto Valley" in Zug has attracted major blockchain firms, and its legal framework reportedly provides clear guidelines for digital asset investments.
- However, Switzerland is not part of the European Union. This means that while BlackRock can offer its ETP to European investors, it must comply with the EU’s Markets in Crypto-Assets (MiCA) regulations to operate across the bloc.
- The European market for Bitcoin ETPs is already competitive, with over 160 crypto-linked products and a total market value of $17.3 billion.
- European products already offer Bitcoin exposure at 25 basis points (bps), which is close to BlackRock’s US ETF fee of 25 bps and Canada’s 32 bps.
- Worth noting, BlackRock’s US Bitcoin ETF broke records as the most successful ETF debut in history, and it currently holds 2.7% of Bitcoin’s total supply.
Image: BlackRock X account
$XRP
$TRUMP
$BTC
BITCOIN ETP IN SWITZERLAND: DETAILS…
- BlackRock is preparing to list a Bitcoin exchange-traded product (ETP) in Switzerland, marking its first such product outside North America, according to Bloomberg.
- The firm has not officially commented on the development, but sources suggest that marketing efforts could begin as early as this month.
- This comes after the success of its iShares Bitcoin Trust (IBIT) in the US, which has gathered over $58 billion in assets,
Key Details:
- Unlike traditional ETFs, which trade on major stock exchanges, a Bitcoin ETP provides regulated exposure to BTC in a familiar investment format.
- Given BlackRock’s $4.4 trillion ETF empire, its move could accelerate mainstream adoption of Bitcoin investment vehicles in Europe.
- The ETP is expected to be domiciled in Switzerland, a country known for its crypto-friendly regulations.
- Switzerland’s "Crypto Valley" in Zug has attracted major blockchain firms, and its legal framework reportedly provides clear guidelines for digital asset investments.
- However, Switzerland is not part of the European Union. This means that while BlackRock can offer its ETP to European investors, it must comply with the EU’s Markets in Crypto-Assets (MiCA) regulations to operate across the bloc.
- The European market for Bitcoin ETPs is already competitive, with over 160 crypto-linked products and a total market value of $17.3 billion.
- European products already offer Bitcoin exposure at 25 basis points (bps), which is close to BlackRock’s US ETF fee of 25 bps and Canada’s 32 bps.
- Worth noting, BlackRock’s US Bitcoin ETF broke records as the most successful ETF debut in history, and it currently holds 2.7% of Bitcoin’s total supply.
Image: BlackRock X account
$XRP
$TRUMP
JUST IN: $11.5 trillion Blackrock is launching a #Bitcoin ETP in Europe 🇪🇺
#bitcoinews #ETPinEurope #ETP2025 #BlackRock #BlackRockRevolution
#bitcoinews #ETPinEurope #ETP2025 #BlackRock #BlackRockRevolution
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