BlackRock has launched Bitcoin ETFs in the European market: IB1T GY and IB1T FP

ChainCatcher news, BlackRock has launched its Bitcoin ETF in the European market today, with the following details:

iShares Bitcoin ETP

Code: IB1T GY (Germany Xetra Exchange) and IB1T FP (Euronext)

Fee: 0.25%, reduced to 0.15% until December 31, 2025

Registered in: Switzerland

ISIN: XS2940466316

In response, Bloomberg senior ETF analyst Eric Balchunas commented that BlackRock has brought its highly anticipated IBIT to Europe. Liquidity + low fees + brand effect = strong appeal anywhere, even though Europe is largely immune to "spicy" ETFs. It will be interesting to see how it performs. Keep an eye on this space.