BlackRock Brings Bitcoin to Australian Investors via New ETF

BlackRock is expanding its crypto presence in Australia with the launch of a new Bitcoin exchange-traded fund (ETF) listed on the ASX, targeting a growing institutional interest in digital assets. The iShares Bitcoin ETF (IBIT), scheduled for debut later this month, will offer local investors direct exposure to Bitcoin through a regulated framework. This move follows the success of BlackRock’s U.S.-based Bitcoin ETF and aligns with a surge in institutional demand for Bitcoin exposure. 📈