Blackrock lunch Spot Bitcoin ETP in Europe
Blackrock Inc., the world’s largest asset manager with more than $ 11.5 billion in assets under administration, is preparing to launch a product quoted in the stock market (ETP) (ETP) Spot in Europe, according to a Bloomberg report.
The background is expected to have its headquarters in Switzerland and Blackrock could start marketing it as soon as this month, sources familiar with the Bloomberg matter said. However, at the time of writing, a Blackrock representative refused to comment on the matter.
This list would mark another step in Blackrock international expansion of its Bitcoin -related offers, since the company has already launched the ETF of Bitcoin Spot both in Canada and Brazil.
Blackrock seems anxious to take advantage of the success of its Spot Bitcoin ETF based in the United States, Ibit, which became the “largest launch of the ETF in history”, accumulating more than $ 50 billion in assets under administration in just their first year of being live.
Just at: Bloomberg says the place of Blackrock ETF is the ‘greatest launch in the history of ETF’
– Magazine bitcoin (@bitcoinmagazine)
In the World Economic Forum in Davos in January, Blackrock CEO, Larry Fink There is more fear of fear. Currency degradation, political and economic instability.
Also read:https://bitcoinnewspro.com/
Only in: $ 11.5 billion from the Blackrock CEO, Larry Fink, says that Bitcoin could rise to $ 700,000 if there is more fear of currency degradation and economic instability.pic.twitter.c
– Magazine bitcoin (@bitcoinmagazine) January 22, 2025
