{"id":828783,"date":"2025-02-21T14:11:57","date_gmt":"2025-02-21T20:11:57","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/21\/blackrock-eyes-european-bitcoin-etp-debut-after-us-etf-success\/"},"modified":"2025-02-21T14:11:57","modified_gmt":"2025-02-21T20:11:57","slug":"blackrock-eyes-european-bitcoin-etp-debut-after-us-etf-success","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/21\/blackrock-eyes-european-bitcoin-etp-debut-after-us-etf-success\/","title":{"rendered":"BlackRock eyes European Bitcoin ETP debut after US ETF success"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-id=\"162605\" data-url=\"https:\/\/cryptobriefing.com\/blackrock-bitcoin-etp-launch-europe\/\">\n<section>\n<div>\n<p><a href=\"https:\/\/cryptobriefing.com\/bitcoin\/\" rel=\"tag\"><br \/>\n                    Bitcoin                <\/a>\n                    <\/p>\n<\/div>\n<p><span><span><a href=\"https:\/\/cryptobriefing.com\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/cryptobriefing.com\/bitcoin\/\">Bitcoin<\/a><\/span> \u00bb <span aria-current=\"page\">BlackRock eyes European Bitcoin ETP debut after US ETF success<\/span><\/span>        <\/p>\n<div>\n<div>\n<p><span>by<\/span><\/p>\n<div>\n<p><a data-author_id=\"29816\" href=\"https:\/\/cryptobriefing.com\/team\/vivian-nguyen\/\" rel=\"author\">Vivian Nguyen<\/a><\/p>\n<\/div><\/div>\n<p><time datetime=\"2025-02-05T16:38:58+00:00\"><br \/>\n                        Feb. 5, 2025                    <\/time>\n                            <\/p>\n<\/p><\/div>\n<\/section>\n<section>\n<h2>Bitcoins The expansion comes amid rising regulatory clarity and market growth.<\/h2>\n<\/section>\n<section>\n            <picture><source media=\"(min-width: 850px)\" ><img decoding=\"async\" src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2024\/08\/07080920\/BlackRock-1-400x210.png\" alt=\"bitcoins BlackRock logo overlaid on a background of modern, glass skyscrapers reflecting the sky.\" title=\"bitcoins BlackRock 1\">\n            <\/picture>\n        <\/section>\n<section>\n<section>\n<h3>Key Takeaways<\/h3>\n<ul>\n<li>BlackRock plans to launch a Bitcoin exchange-traded product in Europe following its US Bitcoin ETF success.<\/li>\n<li>The company oversees $4.4 trillion in ETF assets globally and aims to expand its digital asset offerings in Europe.<\/li>\n<\/ul>\n<\/section>\n<section>\n<p>Share this article<\/p>\n<\/section>\n<p>        <?xml encoding=\"UTF-8\"><\/p>\n<p>BlackRock is poised to expand its crypto product line with the launch of a Bitcoin ETP in Europe, capitalizing on the runaway success of its US-listed spot Bitcoin ETF, the iShares Bitcoin Trust (IBIT), according to a Wednesday <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-05\/blackrock-said-to-list-bitcoin-exchange-traded-product-in-europe?srnd=phx-etfs&#038;embedded-checkout=true\" target=\"_blank\" rel=\"noopener nofollow noreferrer\">report<\/a> from Bloomberg, citing sources with knowledge of the matter who requested anonymity due to the confidential nature of the plans.<\/p>\n<p>Projected to be based in Switzerland, the planned fund would be BlackRock\u2019s first crypto ETP in the European market. The world\u2019s leading asset manager, which previously focused on North America, launched the IBIT fund and subsequently introduced its <a href=\"https:\/\/cryptobriefing.com\/blackrock-bitcoin-etf-cboe-canada\/\" target=\"_blank\" rel=\"\">iShares Bitcoin ETF on Cboe Canada<\/a>. The new ETP may debut as soon as this month, sources said.<\/p>\n<p>BlackRock\u2019s IBIT has become one of the largest Bitcoin ETFs since its launch last January, accumulating approximately $58 billion worth of Bitcoin as of February 4. The fund ranks as the 31st largest ETF globally across all categories, including traditional finance products, according to VettaFi.<\/p>\n<p>IBIT has led the spot Bitcoin ETF market with a five-day winning streak, attracting nearly $934 million in net inflows since January 30. Yesterday\u2019s inflows alone totaled approximately $249 million, driving most of the spot Bitcoin ETF market\u2019s gains, according to <a href=\"https:\/\/farside.co.uk\/btc\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">data<\/a> from Farside Investors.<\/p>\n<p>The European crypto ETP market currently features more than 160 products tracking various digital assets, though its size remains smaller than the US market. The expansion comes as Bitcoin has reached new highs this year, amid increased regulatory clarity following the EU\u2019s implementation of new crypto rules.<\/p>\n<h2>Bitcoins High stakes, uncertain outcome<\/h2>\n<p class=\"pb-2 min-w-[1px]\" data-wt-guid=\"54b975d0-3adf-4bab-9849-e8528a712129\" data-pm-slice=\"1 1 []\">Bloomberg ETF analyst James Seyffart initially speculated that BlackRock might consider replicating its Canadian Bitcoin ETF structure in Europe using a \u201cwrapper\u201d <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-brand-default hover:bg-bg-brand-light-default\" data-issueid=\"c3f4f99f-1c71-4174-86bc-8d19f8c5f772\" aria-label=\"open issue for the following text approach,\" data-testid=\"issue-underline:undefined\">approach,<\/span> where the ETF holds shares of its US-listed IBIT. However, he <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-brand-default hover:bg-bg-brand-light-default\" data-issueid=\"0a32044e-bbba-429c-be7e-67083bf0b962\" aria-label=\"open issue for the following text swiftly\" data-testid=\"issue-underline:undefined\">swiftly<\/span> confirmed that this strategy is unlikely to be allowed under EU regulations.<\/p>\n<p><html><body><\/p>\n<div class=\"ad-banner mrec-in-article\"><\/div>\n<p><\/body><\/html><\/p>\n<p class=\"pb-2 min-w-[1px]\" data-wt-guid=\"6c1fd62d-6944-4da5-a85a-ff3479d3b6ec\">Sources told him that EU regulators are poised to reject such a workaround, likely requiring BlackRock to launch a standalone European Bitcoin ETF. This necessitates a different approach and puts the spotlight squarely on fees.<\/p>\n<blockquote>\n<p class=\"pb-2 min-w-[1px]\" data-wt-guid=\"14a65fa0-1f8c-4f2c-a0f1-53ae1e5cdb36\">\u201cI have been informed that this is unlikely to be allowed <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-danger-default hover:bg-bg-danger-light-default\" data-issueid=\"d6064470-7fcb-4977-a2a2-81d15610ff80\" aria-label=\"open issue for the following text in EU.\" data-testid=\"issue-underline:in the EU.\">in EU.<\/span> <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-danger-default hover:bg-bg-danger-light-default\" data-issueid=\"f8244b6f-95fd-4284-bec9-61cf195bb2f8\" aria-label=\"open issue for the following text So will\" data-testid=\"issue-underline:So it will\">So will<\/span> be <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-brand-default hover:bg-bg-brand-light-default\" data-issueid=\"8e9f8ae6-89fb-45b5-ac78-717e7fef3386\" aria-label=\"open issue for the following text interesting\" data-testid=\"issue-underline:undefined\">interesting<\/span> to see what they charge <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-brand-default hover:bg-bg-brand-light-default\" data-issueid=\"d269c20e-e894-4cfe-a29c-1ef9914af13b\" aria-label=\"open issue for the following text assuming\" data-testid=\"issue-underline:undefined\">assuming<\/span> they launch a standalone product. In the US the total cost is 25 bps. Canada is 32 bps,\u201d he <a class=\"text-text-neutral-tertiary underline cursor-pointer\" href=\"https:\/\/x.com\/JSeyff\/status\/1887181438979625233\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">wrote<\/a> on X. <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-danger-default hover:bg-bg-danger-light-default\" data-issueid=\"ae472a19-6757-4779-b7b6-705413c397b3\" aria-label=\"open issue for the following text \"There's\" data-testid='issue-underline:\"There are'>\u201cThere\u2019s<\/span> already products at 25 bps and lower in Europe including Valour who has a zero expense ratio product.\u201d<\/p>\n<\/blockquote>\n<p class=\"pb-2 min-w-[1px]\" data-wt-guid=\"b1da05b3-8c3b-458b-95f6-004072d20f71\">Beyond regulatory hurdles and pricing pressures, BlackRock faces a more fundamental challenge: market size and investor appetite, Eric Balchunas, Seyffart\u2019s fellow Bloomberg ETF analyst, <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-brand-default hover:bg-bg-brand-light-default\" data-issueid=\"0b54fd9d-99ba-4b9b-8739-4ddff91c4ff7\" aria-label=\"open issue for the following text shared\" data-testid=\"issue-underline:undefined\">shared<\/span> in a <a class=\"text-text-neutral-tertiary underline cursor-pointer\" href=\"https:\/\/x.com\/EricBalchunas\/status\/1887180998712098853\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">comment<\/a>.<\/p>\n<p class=\"pb-2 min-w-[1px]\" data-wt-guid=\"9ba42e5f-fe8a-4c5f-8b5a-edf606ccc498\">The US spot Bitcoin ETF market, despite being just <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-brand-default hover:bg-bg-brand-light-default\" data-issueid=\"fb875c16-7a41-46b0-a621-785016fc6410\" aria-label=\"open issue for the following text a\" data-testid=\"issue-underline:undefined\">a<\/span> year old, has exploded in popularity, capturing a staggering 91% of global market share. Europe, by contrast, lags considerably. While European investors are sophisticated, they have historically shown less enthusiasm for <span class=\"issue-underline underline decoration-2 underline-offset-4 transition decoration-border-brand-default hover:bg-bg-brand-light-default\" data-issueid=\"de8c4455-e0cd-4512-b0c7-c713d39543c6\" aria-label=\"open issue for the following text the high-octane investment products that have resonated\" data-testid=\"issue-underline:undefined\">the high-octane investment products that have resonated<\/span> with US investors.<\/p>\n<section class=\"article-share\">\n<p>Share this article<\/p>\n<div class=\"social-icons\">\n          <button class=\"social-icon share\" data-href=\"https:\/\/x.com\/intent\/tweet?text=BlackRock+eyes+European+Bitcoin+ETP+debut+after+US+ETF+success&#038;url=https%3A%2F%2Fcryptobriefing.com%2Fblackrock-bitcoin-etp-launch-europe%2F&#038;via=crypto_briefing\" aria-label=\"open issue for the following text swiftly\"00><br \/>\n        <?xml version=\"1.0\" encoding=\"UTF-8\"?><br \/>\n                <svg width=\"40px\" height=\"40px\" viewBox=\"0 0 40 40\" version=\"1.1\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n                <g id=\"surface1\">\n                <path style=\" stroke:none;fill-rule:nonzero;fill:rgb(0%,0%,0%);fill-opacity:1;\" d=\"M 17.867188 0.148438 C 10.839844 0.878906 4.558594 5.507812 1.707031 12.054688 C -0.132812 16.28125 -0.441406 21.148438 0.867188 25.625 C 2.480469 31.214844 6.652344 35.933594 12.054688 38.292969 C 16.28125 40.132812 21.148438 40.4375 25.628906 39.132812 C 32.332031 37.199219 37.613281 31.695312 39.347656 24.851562 C 42.054688 14.132812 35.414062 3.171875 24.667969 0.613281 C 22.304688 0.0546875 20.226562 -0.09375 17.867188 0.148438 Z M 18.132812 12.535156 C 19.839844 14.800781 21.28125 16.667969 21.332031 16.667969 C 21.386719 16.667969 23.160156 14.800781 25.253906 12.535156 L 29.078125 8.398438 L 31.253906 8.398438 L 30.785156 8.894531 C 30.519531 9.171875 28.785156 11.054688 26.933594 13.066406 C 25.078125 15.078125 23.265625 17.039062 22.90625 17.398438 L 22.265625 18.078125 L 27.265625 24.734375 C 30.011719 28.398438 32.265625 31.441406 32.265625 31.492188 C 32.265625 31.558594 30.628906 31.601562 28.640625 31.601562 L 25 31.585938 L 21.613281 27.054688 C 19.28125 23.921875 18.1875 22.574219 18.078125 22.652344 C 18 22.71875 16.105469 24.761719 13.867188 27.1875 L 9.800781 31.601562 L 8.773438 31.601562 C 8.199219 31.601562 7.734375 31.574219 7.734375 31.535156 C 7.734375 31.492188 9.851562 29.171875 12.441406 26.386719 C 15.011719 23.601562 17.148438 21.265625 17.171875 21.226562 C 17.1875 21.171875 15.066406 18.28125 12.464844 14.800781 C 9.867188 11.332031 7.734375 8.464844 7.734375 8.441406 C 7.734375 8.414062 9.371094 8.398438 11.386719 8.398438 L 15.039062 8.398438 Z M 18.132812 12.535156 \" \/>\n                <path style=\" stroke:none;fill-rule:nonzero;fill:rgb(0%,0%,0%);fill-opacity:1;\" d=\"M 11.027344 10.1875 C 11.082031 10.28125 14.441406 14.785156 18.464844 20.171875 L 25.800781 29.988281 L 27.441406 30 C 28.453125 30 29.066406 29.945312 29.039062 29.867188 C 29.027344 29.800781 25.679688 25.292969 21.628906 19.867188 L 14.238281 10 L 12.585938 10 C 11.214844 10 10.933594 10.027344 11.027344 10.1875 Z M 11.027344 10.1875 \" \/>\n                <\/g>\n                <\/svg>      <\/p>\n<\/section>\n<\/div>\n<p> Vivian Nguyen <a href=\"https:\/\/cryptobriefing.com\/blackrock-bitcoin-etp-launch-europe\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Home \u00bb Bitcoin \u00bb BlackRock eyes European Bitcoin ETP debut after US ETF success by Vivian Nguyen Feb. 5, 2025 The expansion comes amid rising regulatory clarity and market growth. Key Takeaways BlackRock plans to launch a Bitcoin exchange-traded product in Europe following its US Bitcoin ETF success. The company oversees $4.4 trillion in<\/p>\n","protected":false},"author":1,"featured_media":828784,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[164,25023],"tags":[11476],"class_list":{"0":"post-828783","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blackrock","8":"category-european","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/828783","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=828783"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/828783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/828784"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=828783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=828783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=828783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}