Big moves are underway in Europe—BlackRock has just launched its iShares Bitcoin ETP, trading on Germany’s Xetra (IB1T GY) and the pan-European exchanges (IB1T FP). With fees as low as 0.25% (dropping to 0.15% until the end of 2025) and backed by the massive brand power of BlackRock, this is set to attract a huge influx of traditional funds into Bitcoin.
Bloomberg’s Eric Balchunas summed it up perfectly: "Liquidity + low fees + brand effect = a powerhouse in any market." With BlackRock’s success in the U.S. Bitcoin spot ETF space—boasting a staggering $48B in assets—the extension into Europe could bring substantial buy power into BTC. This move is not just about expanding their footprint; it’s about opening up the floodgates for institutional and retail investors across Europe who have been waiting for a regulated, cost-effective gateway into Bitcoin.
The big question: how much buying power will this new product unlock for Bitcoin? As traditional funds and institutional money start to flow into the crypto space through this ETP, we could see significant upward pressure on BTC’s price. It’s a compelling scenario for anyone looking to capitalize on a potential bull run.