BlackRock Expands Into Australian Bitcoin ETF Arena

BlackRock is set to launch an iShares Bitcoin ETF on the Australian Securities Exchange by mid-November 2025, marking another major expansion of the firm’s global digital-asset footprint. The ETF will charge a 0.39% management fee and wrap the U.S.-listed iShares Bitcoin Trust, giving Australian investors regulated Bitcoin exposure without direct custody. The firm said the product responds to rising institutional demand and aims to create a simple, cost-efficient entry point into crypto markets.

BlackRock’s arrival heightens competition in Australia’s emerging Bitcoin ETF sector, where Global X, VanEck, Monochrome, and DigitalX currently manage between A$150 million and A$300 million each. Monochrome’s IBTC, the first Australian spot ETF to directly hold Bitcoin, has over 1,000 BTC and A$188 million in assets.

The move comes as Australian regulators formalize crypto-market frameworks and as Bitcoin ETFs benefit from the asset’s surge past $100,000. BlackRock recently expanded into the U.K. market as well, launching IB1T on the London Stock Exchange.

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