Blackrock to include a new bitcoin etp in Europe after the great success of the United States product: Report
Titan Blackrock is said to include a new exchange product (ETP) in Europe, which is its first project related to digital assets on the continent.
According to a new report from Bloomberg, Blackrock – more than $ 10 trillion in assets under management – is preparing Release BTHARES Bitcoin Trust ETF (IBIT) has achieved great success.
The unknown persons familiar with the matter say that ETP will be based on Switzerland and that Blackrock can start announcing the box at some point this month.
The traded boxes on the stock exchange (ETFS) and ETPS for traders to expose assets-such as precious metals and encryption-without actually needed.
Blackrock was first launched in Janit in January 2024 after years of delayed by the US Securities and Exchange Committee.
Previously, Bloomberg found that Ibit had the best appearance for the first time among all ETF boxes BTC. At that time, it turned out that IPit maintains more origins of the golden etf from Blackrock despite its launch nearly two decades ago in 2005.
According to Black Rock official WebsiteThe net assets of IBIT 57.4 billion dollars, while Bloomberg reports that the total encryption market in Europe is about $ 17.3 billion.
IBIT is trading for $ 56.09 at the time of this report, which is a marginal decrease per day while the value of the higher encryption assets is estimated by the maximum market to $ 98146.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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