Lo! Behold, the mighty BlackRock doth expand its crypto dominion across the continent! 🌍 After the resounding triumph of its American Bitcoin ETF, the iShares Bitcoin Trust (IBIT), which hath gathered a fortune exceeding fifty billion coins, a new star doth rise in the European crypto firmament. 🌟
Verily, the new iShares Bitcoin ETP shall make its grand entrance upon the stages of Xetra and Euronext Paris, bearing the ticker IB1T, and also in Euronext Amsterdam under the name BTCN. 🎭
This noble endeavor marks BlackRock’s initial foray into the crypto-backed ETP realm beyond the Americas, a clear sign that institutions are yearning for digital treasures. 💵💰
In a bid to entice the greedy hearts of investors, BlackRock doth temporarily wave a portion of its tolls, reducing the ETP’s expense ratio to a mere 0.15% until the end of the year. 🤑
This cunning strategy could indeed make the product the most cost-effective Bitcoin ETP in Europe, a beacon of allure for both the noble institutional investors and the humble retail folk seeking Bitcoin’s golden glow. ✨
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2025-03-25 16:24