BlackRock Eyes Bitcoin ETP in Europe After US Success 🌍
BlackRock, the world-renowned asset manager, is strategically entering the European cryptocurrency space with plans to launch a Bitcoin exchange-traded product (ETP). This move comes after the company's successful ventures in the United States, where it has established a strong foothold in the crypto-linked investment market.
Set to be based in Switzerland, the new Bitcoin ETP signifies BlackRock's commitment to expanding its crypto offerings globally. Marketed as early as this month, this initiative reflects the company's proactive approach in catering to the growing demand for digital assets in Europe.
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