BlackRock wants to offer a Bitcoin ETF in Europe as well

Seeing the success of their Bitcoin ETF offering in the US last year, BlackRock now wants to expand the market to Europe. Although there is no official comment from the world’s largest asset manager, the creation of a website seems to be the beginning of such an operation. The news was reported by Reuters and Bloomberg but so far BlackRock has not commented.

Summer

During the summer of 2023, BlackRock, the world’s largest investment fund, announced that they had filed for a Bitcoin ETF, a fund that would allow ordinary, usually older, investors to purchase Bitcoin through BlackRock without having to open a crypto wallet on a platform.

JUST IN: $11.5 trillion Blackrock is launching a #Bitcoin ETP in Europe 🇪🇺 pic.twitter.com/dZ8z3N3tGv

— Bitcoin Magazine (@BitcoinMagazine) March 25, 2025

Bitcoin’s price has been steadily rising ever since then as analysts knew that an ETF application from BlackRock would almost always be approved by the SEC (the US securities watchdog). In January 2024, their ‘iShares Bitcoin ETF’ was indeed officially launched.

Fink

That ETF has been such a huge success in the United States that Larry Fink, longtime CEO of BlackRock, is convinced he can repeat the feat in Europe.

According to a report from Bloomberg, the iShares Bitcoin ETP will trade on Xetra and Euronext Paris under the ticker IB1T as well as on Euronext Amsterdam as BTCN.