BlackRock Launches iShares Bitcoin ETP in London, Increasing Bitcoin Accessibility for UK Retail Investors

BlackRock has launched an iShares Bitcoin ETP on the London Stock Exchange (LSE), marking a significant step towards increased Bitcoin accessibility for UK retail investors. This move follows the FCA’s decision to allow crypto Exchange Traded Products (ETPs) and comes with the backing of Coinbase’s robust security systems. 21% growth in UK crypto investment is anticipated, as BlackRock aims to make Bitcoin more readily tradable through familiar brokerage platforms. This product offers direct exposure to bitcoin without requiring complex handling or storage. This new product marks a strategic expansion for BlackRock into the UK market and signals a broader shift towards accepting digital assets as viable investments.