BlackRock Plans to Launch Bitcoin ETP in Europe

US asset management giant BlackRock will launch a Bitcoin exchange-traded product (ETP) in Europe.
On the 5th (local time), Bloomberg cited multiple sources as saying that BlackRock had
The company plans to list a Bitcoin ETP on the Swiss Exchange, and is also planning to begin marketing related to the ETP within this month.
Currently, there are about 160 crypto asset-related ETPs listed on European stock exchanges.
This is the first time that BlackRock has listed a Bitcoin-related ETP outside of North America. BlackRock's Bitcoin physical exchange-traded index fund (IBIT) currently has 10,000 managed assets in the U.S.
It is the number one industry-standard Bitcoin ETF.