BlackRock’s first European Bitcoin product hailed as ‘landmark development’ for crypto
Tuesday, 25 March 2025 () BlackRock, the world’s largest asset manager, has launched its first Bitcoin product in Europe, a move that industry experts say will help legitimise cryptocurrencies in mainstream finance. “This is a landmark development for crypto, displaying confidence in Bitcoin for mainstream investments,” Meryem Habibi, chief revenue officer at London-based cryptocurrency trading platform Bitpace, told TNW. “Through this first in Europe, BlackRock is not only legitimising the asset class but also paving the way for increased institutional and retail participation,” she said. BlackRock’s product is called an “iShares Bitcoin ETP” (exchange-traded products). ETPs let investors buy and sell Bitcoin without directly owning…
Sir Keir Starmer said the announcement marked a “momentous” day as he praised Universal Studios for choosing the UK as its first location in Europe for a theme park. The prime minister said:..
"5 years ago we had a stock market crisis in 2020. Bitcoin fell 40% in one day and 65% total. The S&P 500 fell 9.5% on that same day. Bitcoin bottomed at $4,000 then went up by 17x in..