Blackrock (BLK), the world asset manager behind the largest bench fund (ETF), the largest Bitcoin (ETF) fund, should list a Bitcoin negotiated product in Europe, its first ETP Crypto outside North America.
The Ishares Bitcoin ETP will trade on Xetra and Euronext in Paris under the Ticker IB1T and on Euronext Amsterdam as BTCN on Tuesday, according to the details of the list on the Ishares website.
The FNB Ishares Bitcoin Trust of Blackrock (IBIT) is by far the largest of 12 ETF Bitcoin listed in the United States, with net assets worth more than $ 50 billion and cumulative net entries of just under $ 40 billion, according to data followed by Sosovalue.
Coinbase (corner), which provides guard at Ibit, will do the same for the European product.
The costs for European ETPs are temporarily reduced by 10 base points to 0.15% until the end of 2025.
The introduction of ETP was reported earlier by Bloomberg.
