BlackRock has launched its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange, marking a significant milestone for UK crypto investors. This innovative product provides retail investors with direct and regulated access to Bitcoin through an exchange-traded instrument, allowing them to track price movements without needing physical possession of the cryptocurrency. How does it work? The iShares Bitcoin ETP directly reflects the spot price of Bitcoin, unlike derivative-based options. This transparency makes investing easier while ensuring security with backing from physical Bitcoin and multi-party computational mechanisms facilitated by Coinbase.