BlackRock Plans to Launch Bitcoin ETF in the UK Next Month
BlackRock seeks to list its iShares Bitcoin ETP on the London Stock Exchange, aligning with the UK’s new regulatory framework permitting retail crypto ETN investments from October 8.
BTC
Summary
BlackRock is preparing to launch its iShares Bitcoin ETP on the London Stock Exchange ahead of a regulatory change effective October 8. The UK’s Financial Conduct Authority will begin allowing retail investors to access crypto exchange-traded notes (ETNs), bringing the market in line with other European jurisdictions. BlackRock’s move aims to ensure retail investors can participate in its Bitcoin product under the updated framework.
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