BlackRock launches Bitcoin ETP in Europe with 0.15% fee
BlackRock has expanded its crypto offerings into Europe with the iShares Bitcoin ETP, now trading on Xetra, Euronext Amsterdam, and Euronext Paris.
The product, launched on March 25, follows the success of its U.S.-based Bitcoin (CRYPTO:BTC) ETF, which holds $50.7 billion in assets and 2.73% of Bitcoin’s total supply.
The ETP trades under tickers IB1T (Xetra/Paris) and BTCN (Amsterdam), with a temporary fee waiver reducing its expense ratio to 0.15% until late 2025.
This undercuts competitors like CoinShares’ Bitcoin ETP, which charges 0.25%.
“BlackRock’s aggressive fee structure was designed to keep competitors out of the market,” adding that such competition “is good for investors and ultimately good for digital currencies,” Algoz’s Stephen Wundke noted.
BlackRock’s move aligns with the EU’s MiCA regulatory framework, which Ajay Dhingra of Unizen called a “tipping point” for institutional adoption.
Dhingra highlighted the EU’s “regulatory stability” compared to the U.S., where policy shifts under Trump and Biden have created uncertainty.
“Quality investment products through regulated asset managers have been more available throughout Europe than in the U.S., and Bitcoin is also more easily purchased,” Wundke stated, tempering expectations despite the ETP’s launch reflecting growing institutional interest.
“Just don’t expect $60 billion of purchases in the first quarter,” he added.
BlackRock’s European expansion comes as the firm manages $11.55 trillion in assets globally, including its Grayscale Ethereum Trust ETF ($3.46 billion AUM).
The ETP’s fee waiver and regulatory clarity position it to attract traditional investors seeking exposure to Bitcoin as “digital gold.”
At the time of reporting, the Bitcoin (BTC) price was $87,826.02.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Amazon pours $13B into Aussie AI and cloud in record tech push
Share link:In this post: Amazon will invest $13 billion to expand data centers in Sydney and Melbourne between 2025 and 2029. The investment supports Australia’s AI growth and includes building three new solar farms. It is expected to create skilled jobs, boost clean energy use, and cut carbon emissions by up to 94%.

Israel strikes Iran’s major gas field, threatening the energy markets
Share link:In this post: Israel struck Iran’s South Pars gas facility, triggering explosions. The attack worsens Iran’s energy crisis amid ongoing blackouts and $250 million in daily economic losses. Oil prices and the energy market spiked and could rise further as markets brace for more instability in the region.

TAO and ICP Lead Surge in DePIN Social Activity as Interest Peaks
Charles Hoskinson Provides Update On XRP’s Integration Into Cardano
Trending news
MoreCrypto prices
More








