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

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

iShares Bitcoin ETP

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

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

Registration Location: Switzerland

ISIN: XS2940466316

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, despite Europe being mostly immune to "spicy" ETFs. It will be interesting to see its performance. Keep an eye on this field.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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