BlackRock Launches Bitcoin ETF in London as UK Eases Crypto Rules

BlackRock has made a significant move in the world of cryptocurrency investment by launching its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange. This launch follows the Financial Conduct Authority (FCA)’s recent relaxation of regulations, paving the way for retail investors to access Bitcoin exposure through traditional brokerage accounts. The FCA’s decision to lift restrictions on crypto exchange-traded notes (ETNs), allowing them to be listed on authorized exchanges, is a major step forward in bringing this asset class to mainstream investment.