BlackRock is reportedly planning to launch a Bitcoin exchange-traded product (ETP) in Europe, following the success of its US-listed Bitcoin ETF. The ETP, expected to be based in Switzerland, will be BlackRock's first crypto ETP in the European market. The iShares Bitcoin Trust (IBIT) has become one of the largest Bitcoin ETFs since its launch, accumulating around $58 billion worth of Bitcoin. The new ETP may debut this month, and BlackRock's expansion into the European crypto market comes as Bitcoin continues to reach new highs and the region implements new crypto rules.



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