Its subsidiary iShares rolled out a new fund on the Xetra and Euronext exchanges under the tickers IB1T and BTCN
This is BlackRock’s first crypto product outside the U.S.!
The fund is fully backed by Bitcoin
Asset custody is handled by Coinbase
Administration by BNY Mellon
Fee reduced to 0.15% until the end of 2025
A clear signal: institutional players are strengthening their presence in crypto
Europe is becoming a key hub for crypto finance