BlackRock Brings Bitcoin ETP to Europe

BlackRock Poised to Introduce Bitcoin ETP in Europe Following Success of IBIT in the US

BlackRock, the world's largest asset manager, is set to introduce a Bitcoin (BTC) exchange-traded product (ETP) in Europe, following the overwhelming success of its iShares Bitcoin Trust (IBIT) in the United States. According to a report by Bloomberg, BlackRock's European Bitcoin ETP will be domiciled in Switzerland and is expected to launch as early as this month.

BlackRock's IBIT, launched in January 2024, has amassed over $57 billion in net assets, making it the most popular spot Bitcoin ETF in the US. The firm's European Bitcoin ETP is poised to attract investors seeking exposure to Bitcoin within a regulated financial framework.

BlackRock's expansion into the European market aligns with several market trends influencing investor behavior. The growing acceptance of Bitcoin as a legitimate asset class is underscored by the significant net asset figures achieved by US Bitcoin ETFs, which exceeded $100 billion in November 2024. According to data from Farside Investors, US Bitcoin ETFs saw more than $35 billion in aggregate net inflows in 2024, averaging about $144 million in net inflows each trading day.

Investment bank JPMorgan has observed a systemic shift as more investors turn to Bitcoin as a hedge against geopolitical risk and inflation, citing the "record capital inflow into crypto markets." Crypto analysts at Steno Research expect Bitcoin ETFs to attract another roughly $48 billion worth of net inflows in 2025, further solidifying Bitcoin's role in investors' portfolios.

BlackRock's international expansion strategy has been successful, with the launch of a Bitcoin ETF on the Cboe Canada in January 2025. The firm's European Bitcoin ETP is expected to build on this momentum, potentially leading to increased competition in the European market and further capital inflows into crypto investment vehicles.

Institutional investor interest in Bitcoin remains high, with asset manager Sygnum Bank predicting that substantial institutional inflows could drive significant demand shocks for Bitcoin, potentially sending BTC's price soaring in 2025. As BlackRock, managing an impressive $4.4 trillion in assets across its