BlackRock has launched its iShares Bitcoin ETP across multiple European stock exchanges, including Xetra, Euronext Amsterdam, and Euronext Paris, starting March 25, 2025. This product expands BlackRock's crypto offerings outside the US, capitalizing on the international interest in Bitcoin. The iShares Bitcoin ETP offers a temporary fee waiver of 10 basis points, reducing the expense ratio to 0.15% until the end of 2025, positioning it competitively against Europe’s leading crypto ETP. Analysts indicate that the reception of the product in Europe might differ from the US due to the already widespread availability of investment products and easier access to Bitcoin in Europe. This launch comes on the heels of BlackRock’s significant success with its Bitcoin Trust ETF in the US, which has garnered over $50.7 billion in assets under management. The move signifies BlackRock's confidence in the regulatory framework of the EU, which contrasts the often inconsistent digital asset policy in the US.

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