🏦 BlackRock Move

BlackRock plans Bitcoin Exchange-Traded Product launch in Europe, likely starting in Switzerland. The firm already holds 2.7% of total BTC supply through IBIT ETF. The recent Canadian ETF launch shows continued expansion.

💡Quick Take: BlackRock's pushing forward despite recent market volatility. Their IBIT product already outperforms 50 European ETFs, showing strong demand. Switzerland makes sense as the starting point - their "Crypto Valley" has friendly regulations. The European launch could happen within a month. This expansion could bring significant new capital to the market, especially with BlackRock's proven track record in ETF launches.