BlackRock, the world’s largest asset manager, will launch its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange on or after October 8.
This marks a major milestone for UK investors, who will now gain retail access to regulated Bitcoin investment products after the Financial Conduct Authority (FCA) lifted its ban on crypto ETPs earlier this year.
The iShares Bitcoin ETP mirrors the success of BlackRock’s iShares Bitcoin Trust in the U.S., which has seen strong institutional demand.
While other players like Bitwise, WisdomTree, and 21Shares already offer Bitcoin ETNs in London, those were previously limited to qualified investors.
This change underscores the UK’s push to become a global hub for digital finance. The FCA’s move bridges traditional and blockchain-based investments, encouraging innovation while maintaining regulatory safeguards.
The rollout could inspire other global asset managers to bring similar crypto-linked products to the UK’s retail market.
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