Blackrock Inc., the largest patrimonial manager in the world with over $ 11.5 trillions of managed activities, is preparing to launch a BTCoin BTCOIN BTCOIN (ETP) product in Europe, according to a Bloomberg report.
The fund should be based in Switzerland and Blackrock could start marketing it already in this month, the sources that are familiar with the issue told Bloomberg. However, at the time of drafting, a Blackrock representative refused to comment on the matter.
This list would mark the umpteenth step in Blackrock international expansion of its Bitcoin offers, since the company has already launched Etf Spot Bitcoin both in Canada and Brazil.
Blackrock seems anxious to be based on the success of his Etf Spot Bitcoin based in the United States, Ibit, which has become the “largest launch of the ETF in history”, accumulating over 50 billion dollars in activities managed in his first year of life .
Just in: Bloomberg says Blackrock’s place #Bitcoin The ETF is the “biggest launch in the history of the ETF” 🚀 pic.twitter.com/12Aft5q8th
– Bitcoin Magazine (@bitcoinmagazine) December 30, 2024
At the World Economic Forum in Davos in January, the CEO of Blackrock Larry Fink has declared that he is a “great believer” in Bitcoin and that his price could run up to $ 700,000 if more attractive activities begins to discuss the currency, political instability and economic.
Just in: Larry Fink, Blackrock CEO from $ 11.5 trillion, says Bitcoin could go up to $ 700,000 if there is more fear of tasting the currency and economic instability.pic.twitter.com/woxclasjdp
– Bitcoin Magazine (@bitcoinmagazine) January 22, 2025