MINE.exchange NEWS
MINE.exchange NEWS
February 6, 2025 at 10:49 AM
🔍🔝 BlackRock Enters the European Market with Bitcoin ETP Investment giant BlackRock is preparing to launch a Bitcoin ETP in Switzerland, expanding its presence beyond North America. This decision follows the success of the iShares Bitcoin Trust (IBIT) in the U.S., which has attracted over $57 billion since its launch in January 2024. BlackRock manages $4.4 trillion in assets, and this new product will be the company’s first Bitcoin ETP in Europe 🌍 BlackRock’s expansion into the crypto sector continues: in January, the company launched a Bitcoin ETF in Canada, and total investments in U.S. Bitcoin ETFs exceeded $35 billion in 2024. Analysts predict that in 2025, an additional $48 billion could flow into Bitcoin ETFs, highlighting the growing institutional interest in digital assets 📈 According to JPMorgan, Bitcoin is becoming a key component of investment portfolios, with record capital inflows confirming its role as a hedge against inflation and geopolitical risks. Sygnum Bank suggests that increasing institutional demand could trigger another BTC price surge in 2025, making the launch of a Bitcoin ETP in Europe especially relevant 🔥 💡Do you need fast and reliable exchanges? Welcome to 👉 https://mine.exchange/en

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