BlackRock Unleashes Bitcoin Frenzy in Europe

BlackRock Launches Bitcoin ETF in Europe

March 25, 2025 - In a move that is expected to further mainstream the adoption of cryptocurrencies, BlackRock, the world's largest asset manager, has launched a Bitcoin ETF (Exchange-Traded Fund) in Europe.

According to a report by Bloomberg, the new ETF, which tracks the performance of Bitcoin, has been listed on the London Stock Exchange (LSE) and the Euronext Amsterdam exchange. The product, which is called the iShares Bitcoin ETF, is designed to provide institutional and individual investors with a simple and cost-effective way to gain exposure to the world's largest cryptocurrency.

The launch of the Bitcoin ETF is seen as a significant development in the cryptocurrency space, as it marks the first time that a major asset manager has launched a Bitcoin ETF in Europe. The product is expected to appeal to a wide range of investors, including those who are looking to diversify their portfolios and gain exposure to the growing cryptocurrency market.

"We believe that Bitcoin has the potential to be a significant asset class for investors, and we are excited to offer this ETF as a way for investors to gain exposure to the cryptocurrency," said Mark Wiedman, Head of Index Investing at BlackRock.

The iShares Bitcoin ETF will track the performance of Bitcoin, which is the most widely traded and valuable cryptocurrency in the world. The ETF will hold a basket of Bitcoin futures contracts, which are designed to track the price of Bitcoin. The ETF will be managed by BlackRock's index investment team, which has a long history of managing successful ETFs.

The launch of the Bitcoin ETF is the latest development in the rapidly growing cryptocurrency market. In recent years, the value of Bitcoin and other cryptocurrencies has surged, attracting the attention of investors and sparking a wave of innovation and investment in the space. With the launch of the iShares Bitcoin ETF, BlackRock is positioning itself as a major player in the cryptocurrency market, and is expected to be a major force in shaping the future of the space.