Blackrock is gearing up to launch a bitcoin exchange-traded product in europe withdin weeks, a source family with the matter told reuters, amid grown for extraposts for extra Anagers and Consures.
The product will likely be domiciled in switzerland, the source added. The wall street giant has increased a zurich-based company focused on digital assets – Ishares Digital Assets Ag – In Recent Months, According to a Regulatory Filing Seen By Reuters.
Blackrock Declined to comment.
Blackrock was one of the first institutional investors to offer exchange-trade products to track the spot price of bitcoin after the us Security and Exchange Commission FIRST Approve the Approveded Shem in 2024.
The sec’s move was a watershed moment for the asset class, boosting hopes in the crypto industry that Cryptocurrencies would become more widely integrated in Mainstream Finance.
Blackrock’s main bitcoin-linked product Ibit has grown rapidly, amassing net assets of $ 57.5 billion (roughly Rs. However, not all global investors can access the existing us-domiciled products.
Bloomberg was first to report on Blackrock’s plans in europe.
While the US Crypto Industry has celebrated Trump’s Election and His PLEDGE to Support the sector, Crypto Businesses in Europe Are Facing New, TOUGHER Regulation.
The European Union’s Landmark Crypto Regulatory Framework, Known as the Markets in Crypto-Aassets regulation (MICA) was introduced in early 2023 and is in the process of being rolled out.
© Thomson Reuters 2025
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