{"id":825023,"date":"2025-02-07T07:11:37","date_gmt":"2025-02-07T13:11:37","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/07\/blackrock-plans-to-launch-a-bitcoin-etp-in-europe\/"},"modified":"2025-02-07T07:11:37","modified_gmt":"2025-02-07T13:11:37","slug":"blackrock-plans-to-launch-a-bitcoin-etp-in-europe","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/07\/blackrock-plans-to-launch-a-bitcoin-etp-in-europe\/","title":{"rendered":"BlackRock plans to launch a Bitcoin ETP in Europe"},"content":{"rendered":"<div data-site=\"CoinJournal\">\n<div data-site=\"CoinJournal\">\n<picture><source  type=\"image\/webp\" media=\"(min-width: 750px)\"><source  type=\"image\/webp\"><source  type=\"image\/jpeg\" media=\"(min-width: 750px)\"><source  type=\"image\/jpeg\"><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2024\/10\/bitcoin.jpg\" alt=\"BlackRock plans to launch a Bitcoin ETP in Europe\" width=\"100%\" height=\"100%\">\n<\/picture>                    <\/div>\n<ul>\n<li>BlackRock is planning to launch a Bitcoin ETP in Switzerland.<\/li>\n<li>This move follows the success of BlackRock\u2019s US Bitcoin ETF.<\/li>\n<li>The Bitcoin ETP could boost crypto adoption with the EU\u2019s MiCA regulations.<\/li>\n<\/ul>\n<p>BlackRock Inc., the world\u2019s largest asset manager, is gearing up to launch a Bitcoin Exchange-Traded Product (ETP) in Europe, marking another significant step in the firm\u2019s expansion into the cryptocurrency market. The new ETP product is set to be registered in Switzerland.<\/p>\n<p>This move follows the resounding success of <a href=\"https:\/\/www.blackrock.com\/us\/financial-professionals\/investments\/products\/bitcoin-investing\">BlackRock\u2019s $58 billion US Bitcoin ETF<\/a>. The success of BlackRock\u2019s US Bitcoin ETF, which by early February 2025 had gathered $57.5 billion in net assets, speaks volumes about the investor appetite for such products.<\/p>\n<p>CEO Larry Fink\u2019s remarks at the World Economic Forum in Davos highlighted Bitcoin\u2019s potential as a hedge against currency debasement, suggesting a broader acceptance of cryptocurrencies as an alternative store of value.<\/p>\n<p>This European venture is anticipated to attract both institutional and retail investors looking for exposure to Bitcoin without the complexities of direct cryptocurrency ownership.<\/p>\n<h2>Switzerland is becoming a digital asset innovation in Europe<\/h2>\n<p>The decision to domicile the ETP in Switzerland was strategic, leveraging the country\u2019s reputation as a hub for digital asset innovation, particularly within its \u201cCrypto Valley\u201d in Zug.<\/p>\n<p>Switzerland\u2019s progressive regulatory framework for cryptocurrencies has made it an attractive location for BlackRock to extend its <a href=\"https:\/\/coinjournal.net\/bitcoin\/what-is-bitcoin\/\">Bitcoin<\/a> investment offerings beyond North American borders.<\/p>\n<p>The choice of Switzerland not only aligns with BlackRock\u2019s aim to capitalize on crypto-friendly regulations but also positions the firm to lead in the European market.<\/p>\n<p>Notably, the plans to launch an ETP in Europe comes at a time when the European Union is navigating its own regulatory path through the Markets in Crypto-Assets (MiCA) regulation, which was established in 2023.<\/p>\n<p>The MiCA framework aims to ensure consumer protection and market integrity, providing a stable environment for crypto investments.<\/p>\n<p>Despite the European crypto market capitalizing at $17.3 billion \u2014 far less than the US\u2019s $116.4 billion \u2014 BlackRock\u2019s move could significantly boost the sector.<\/p>\n<p>BlackRock\u2019s entry into this market underscores the growing institutional acceptance of cryptocurrencies, a trend that has been further propelled by the US Securities and Exchange Commission\u2019s approval of Bitcoin ETFs in January 2024.<\/p>\n<div>\n<hr>\n<h6>Share this article<\/h6>\n<hr>\n<h6>Categories<\/h6>\n<hr>\n<h6>Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/blackrock-plans-to-launch-a-bitcoin-etp-in-europe\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Charles Thuo<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock is planning to launch a Bitcoin ETP in Switzerland. This move follows the success of BlackRock\u2019s US Bitcoin ETF. The Bitcoin ETP could boost crypto adoption with the EU\u2019s MiCA regulations. BlackRock Inc., the world\u2019s largest asset manager, is gearing up to launch a Bitcoin Exchange-Traded Product (ETP) in Europe, marking another significant step<\/p>\n","protected":false},"author":1,"featured_media":825024,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[164,974],"tags":[],"class_list":{"0":"post-825023","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blackrock","8":"category-plans"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/825023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=825023"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/825023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/825024"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=825023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=825023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=825023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}