BlackRock Debuts Bitcoin ETP in Europe, Expanding Global Crypto Presence

The iShares Bitcoin ETP launches on major European exchanges with Coinbase as custodian and competitive fees through 2025.

BlackRock has launched its first Bitcoin exchange-traded product (ETP) outside North America, now trading on Xetra, Euronext Paris, and Euronext Amsterdam.
The ETP, listed under the tickers IB1T and BTCN, offers European investors direct exposure to Bitcoin through a regulated financial product.
Coinbase, already the custodian for BlackRock's U.S. Bitcoin ETF, will provide custody services for the European ETP as well.
To attract investors, BlackRock has temporarily reduced the ETP's management fee to 0.15% until the end of 2025.
This move follows the success of BlackRock's U.S.-based iShares Bitcoin Trust, which leads the global spot Bitcoin ETF market with over $50 billion in assets.