Blackrock wants to seduce European investors with son ETP Bitcoin


7:00 ▪ ▪
3
min at reading ▪
Mikaia A.

Pot investors know this: Bitcoin is a roller coaster. One day to $ 80,000 the next day in the fall free. But those who look at the history of the crypto market market do not panic. Repairs are part of the game and Blackrock does not seem to be disturbed by these turbulence. Evidence? The world’s largest asset manager has just introduced Son ETP Bitcoin in Europe after a successful start in the United States.

Blackrock Tour on the card in Europe

Blackrock bet on Bitcoin ETP to conquer Europe

Blackrock doesn’t do things for half: Its Ishares Bitcoin ETP (IB1T) is installed simultaneously on Euronext Paris, Xetra and Euronext Amsterdam. Target? Capture the growing interest of European investors for cryptocurrency.

The product is supported by BTC by Custody International Coinbase, ensuring maximum safety.

The numbers speak for themselves:

  • $ 50,69 billion in assets managed in the United States;
  • $ 39.8 billion in net items;
  • $ 1.97 billion in trading volume in one day.

With the cost ratio, it decreased to 0.15 % up to 2025, Blackrock plays Availability card. Will it be enough to persuade European traders to fit into the arena?

ETF BTC: Catalyst for institutional investment?

In the United States, Bitcoin Blackrock ETF has already conquered the market recording. In Europe, the game promises to be stricter. Unlike North America, the market for crypto products on the stock market only weighs only $ 13.6 billion.

However, this trend could be reversed by entering Mastodon.

Manuela Sperrandeo, responsible for Ishares Europe in Blackrock, sees things big:

The combination of the established demand of individuals and the growing interest of experts could create a rocking point. Obviously, the ETF BTC could serve as a launch ramp for an institutional boom on the market crypto.

Despite his ambitions, Bitcoin is still trying to convince the general public as a truly reliable benefit. Blackrock embarks on a mined field, but its strategic decision suggests that BTC firmly believes in the future.

As he remembered CZ de Binance during the last autumn of Bitcoins:

Do not panic, he is always difficult … but he reports.

The question is therefore simple: will Europe follow an American example, or will it remain cold in the face of BTC volatility?

Maximize your Cointribne experience with our “Read to Earn” program! For each article you read, get points and approach exclusive rewards. Sign up now and start to accumulate benefits.

Mikaia A. Avatar

Mikaia A.

Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all hope that I was there for something

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.

Leave a Comment