๐ #blackRock Expands Into Europe With #BitcoinETP !
Global asset giant BlackRock has launched its first #Bitcoin ETP in Europe! Trading under IB1T (Xetra, Euronext Paris) and BTCN (Euronext Amsterdam), this marks a major step in institutional crypto adoption.
๐ฅ What Makes It Unique?
โ Low Fees: 0.15% until year-end, then 0.25% (matching CoinShares' top ETP).
โ Secure Custody: Backed by physical Bitcoin, with Coinbase as custodian.
โ Institutional Access: Swiss-based structure for broad investor participation.
After the $48B success of IBIT in the U.S., BlackRockโs European expansion signals growing mainstream adoption! ๐๐