daily-report-26-03-2025

BlackRock, the world's largest asset manager, has introduced its first exchange-traded Bitcoin (ETP) product in Europe. Named iShares Bitcoin ETP, this product is listed on Xetra (Germany), Euronext Paris, and Euronext Amsterdam, making it easier for European investors to invest in Bitcoin.

Launch Details

  • The product started trading on March 25, 2025.
  • Trading tickers: IBIT on Xetra & Paris, BTCN on Amsterdam.
  • Management fee is 0.25%, reduced to 0.15% until the end of 2025.
  • Coinbase acts as the custodian, while Bank of New York Mellon serves as the administrator.

Impact on Bitcoin

  • Increased Institutional Adoption – BlackRock’s move signals growing confidence in Bitcoin as an asset class, attracting more institutional and retail investors in Europe.
  • Potential Price Growth - As more investors gain exposure to Bitcoin through a regulated product, BTC demand could rise, potentially driving prices up.
  • Market Stability – BlackRock’s entry into the European market could enhance Bitcoin’s credibility and reduce long-term volatility.

BlackRock Expands Bitcoin Market Dominance

This launch follows BlackRock’s success in the U.S. with the iShares Bitcoin Trust ETF, which has amassed over $50 billion in assets under management, representing about 2.73% of Bitcoin’s total supply. BlackRock’s expansion into the European market adds liquidity to the Bitcoin ecosystem and could further solidify its position as a major financial asset.

According to industry analysts, BlackRock’s presence in Europe may increase interest from traditional investors, particularly family offices and financial institutions that were previously hesitant to enter the crypto market.

With the launch of iShares Bitcoin ETP in Europe, BlackRock continues to expand its product offerings and accelerate Bitcoin adoption as a globally accessible and regulated investment asset.

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Disclaimer:
This material is for general information and is not investment advice, a recommendation, or a solicitation to buy and sell any cryptocurrencies, digital assets, securities, or derivative instruments, or to make any investments. Any opinions or estimates are the best judgment of the research team as of the date of preparation and are subject to change without notice. Mobee is not obligated to update this report based on information and events that occurred after this report was created and published. Any suggestions or recommendations in this report may not be appropriate for certain users.