BlackRock Launches Bitcoin ETP on LSE, Paving the Way for Increased Crypto Exposure

BlackRock has officially launched its first Bitcoin exchange-traded product (ETP) in the UK, representing a significant step forward for crypto adoption in Europe’s financial hub. The iShares Bitcoin ETP, listed under the ticker IB1T, began trading on the London Stock Exchange (LSE) on Monday. This launch follows the Financial Conduct Authority (FCA)’s recent lifting of restrictions on certain Bitcoin-based investment products, allowing for more regulated market participation. Retail investors can now gain exposure to Bitcoin’s price fluctuations without directly owning or managing the digital asset.