Bitcoin Magazine BlackRock Launches Bitcoin ETP on London Stock Exchange as UK Lifts Crypto Ban

BlackRock has officially listed its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange (LSE).

This comes after the Financial Conduct Authority’s (FCA) decision to ease restrictions on crypto-linked investment products.

The ETP, ticker IB1T, allows retail investors to gain exposure to Bitcoin without directly trading or storing the cryptocurrency, offering a simplified entry point into the digital asset market.

The product is fully physically backed, with all Bitcoin held in secure custody through Coinbase.

BlackRock emphasized that the ETP removes the technical challenges of holding cryptocurrency, transferring responsibility for secure storage to the issuer.

Accord

See Full Page