{"id":125933,"date":"2025-03-27T13:22:40","date_gmt":"2025-03-27T13:22:40","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125933"},"modified":"2025-03-27T13:22:40","modified_gmt":"2025-03-27T13:22:40","slug":"blackrock-bitcoin-etp-key-for-eu-adoption-despite-low-inflow-expectations","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125933","title":{"rendered":"BlackRock Bitcoin ETP \u2018key\u2019 for EU adoption despite low inflow expectations"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBlackRock\u2019s new European Bitcoin exchange-traded product (ETP) is a major step for Bitcoin\u2019s institutional adoption in Europe, though analysts expect lower inflows than its US counterpart.<br \/>\nThe iShares Bitcoin ETP, managed by the world\u2019s largest asset manager, began trading on March 25 on Xetra, Euronext Amsterdam and Euronext Paris.<br \/>\nWhile the launch marks a significant step in bringing Bitcoin (BTC) exposure to European investors, analysts at Bitfinex said the product is unlikely to match the success of the US-based iShares Bitcoin Trust exchange-traded fund (ETF), which has seen strong demand from institutional and retail investors.<br \/>\nSiShares Bitcoin ETP listings. Source: BlackRock\u201cThe US spot Bitcoin ETFs benefited from pent-up institutional demand, a deep capital market and significant retail investor participation,\u201d Bitfinex analysts told Cointelegraph, adding:<br \/>\n\u201cThe presence of a BlackRock Bitcoin ETP in Europe still represents progress in terms of mainstream adoption, and as regulatory clarity improves, institutional interest could grow over time.\u201d<br \/>\nThey added that although Europe\u2019s Bitcoin ETP market may develop at a slower pace, it remains a key part of Bitcoin\u2019s global adoption story.<br \/>\nBlackRock, which oversees more than $11.6 trillion in assets under management, could encourage broader adoption of Bitcoin investment products in Europe and open new pathways for institutional capital to enter the crypto market.<br \/>\nBitcoin ETF, institutional holder growth. Source: Vetle LundeOver in the US, institutional adoption of Bitcoin ETFs surged to over 27% during the second quarter of 2024 when over 262 firms invested in Bitcoin ETFs, Cointelegraph reported on Aug. 16.<br \/>\nRelated: BlackRock increases stake in Michael Saylor\u2019s Strategy to 5%<br \/>\nBlackRock\u2019s global reputation may build momentum for European Bitcoin ETP adoption<br \/>\nBlackRock\u2019s global reputation and expertise may \u201cgradually build momentum\u201d for European Bitcoin ETPs, according to Iliya Kalchev, dispatch analyst at digital asset investment platform Nexo.<br \/>\n\u201cModest inflows shouldn\u2019t be interpreted as a failure but rather as a function of structural differences in the market,\u201d Kalchev told Cointelegraph, adding:<br \/>\n\u201cLong-term success in Europe may depend less on first-week flows and more on consistent access, education and infrastructure \u2014 elements BlackRock is well-positioned to deliver.\u201d<br \/>\nWhile BlackRock\u2019s European fund may not replicate the explosive growth of its US Bitcoin ETF, this should be \u201cseen in context, not as a red flag,\u201d considering the smaller European market\u2019s limited liquidity.<br \/>\nRelated: Michael Saylor\u2019s Strategy surpasses 500,000 Bitcoin with latest purchase<br \/>\nBitcoin ETF dashboard. Source: DuneBlackRock\u2019s US spot Bitcoin ETF briefly surpassed $58 billion, making it the world\u2019s 31st-largest ETF among both traditional and digital asset funds as US Bitcoin ETFs surpassed $126 billion in cumulative BTC holdings, Cointelegraph reported on Jan. 31.<br \/>\nBlackRock\u2019s ETF currently accounts for over 50.7% of the market share of all spot US Bitcoin ETFs, valued at $49 billion as of March 27, Dune data shows.\u00a0<br \/>\nMagazine: Bitcoin\u2019s odds of June highs, SOL\u2019s $485M outflows, and more: Hodler\u2019s Digest, March 2 \u2013 8<a href=\"https:\/\/cointelegraph.com\/news\/blackrock-bitcoin-etp-eu-bitcoin-adoption-inflow?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBlackRock\u2019s new European Bitcoin exchange-traded product (ETP) is a major step for Bitcoin\u2019s institutional adoption in Europe, though analysts expect lower inflows than its US counterpart. The iShares&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125933"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125933"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125933\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125933"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}