BlackRock Launches Bitcoin ETP in the UK at Around $11 Per Unit

Key TakeawaysBlackRock launches the iShares Bitcoin ETP on the London Stock Exchange (LSE).The product lets UK investors buy Bitcoin-linked shares at around $11 per unit.The move follows the UK’s recent easing of restrictions on crypto investment products.According to BlockBeats, BlackRock has officially launched its iShares Bitcoin Exchange-Traded Product (ETP) in the United Kingdom, listed on the London Stock Exchange on October 20.The Bitcoin-linked ETP enables investors to gain regulated exposure to the cryptocurrency market by purchasing shares tied to Bitcoin’s price, with each unit priced at approximately $11.BlackRock noted that the launch comes as UK regulators relax restrictions on cryptocurrency investment vehicles, allowing retail investors to participate in Bitcoin markets through traditional brokerage accounts.The firm said the product is designed to provide secure, transparent, and regulated access to Bitcoin under the UK’s securities framework, positioning the iShares Bitcoin ETP as a bridge between traditional finance and digital assets.