Italian bank UniCredit launches a five-year capital-protected product linked to a Bitcoin ETF

ChainCatcher news, according to Bloomberg, Italian banking giant UniCredit SpA has announced the launch of an innovative structured product for professional clients, which is linked to the BlackRock-owned iShares Bitcoin Trust ETF and offers 100% capital protection. This product has a five-year term, is denominated in USD, and aims to allow investors to participate in the digital asset market while avoiding risks.