BlackRock’s European iShares Bitcoin ETP (IB1T) surpassed $1.1 billion in AUM, holding ~14,200 BTC. Driven by MiCA regulation and institutional demand, Europe mirrors the US trend. Morgan Stanley’s similar product raised over $100 million in six days, signaling strong organic demand for Bitcoin exposure.

BlackRock's iShares Bitcoin ETP (IB1T) in Europe has surpassed $1.1 billion in AUM, holding ~14,200 BTC. This signals institutional demand for Bitcoin is going global, driven by MiCA regulation and growing adoption in mainstream finance.

BlackRock has launched its first bitcoin product in Europe, a physically backed bitcoin ETP listed on Xetra and Euronext exchanges, expanding institutional access to bitcoin in the region.

The United Kingdom has formally integrated crypto into its legal framework through the Property (Digital Assets etc.) Act 2025, which received Royal Assent from King Charles III and completed its passage through Parliament without amendment. The law creates a third category of property specifically for digital assets, separating bitcoin, stablecoins, and NFTs from traditional categories such as physical possessions and contractual rights. This shift builds on a 2023 recommendation from the Law Commission, which argued that digital assets did not fit cleanly into existing property concepts, and moves the U.K. from a case-by-case judicial approach to a clearer statutory basis. Industry groups and policymakers say the reform could materially improve how ownership, theft recovery, fraud claims, insolvency proceedings, and estate planning are handled. CryptoUK described the law as giving digital assets a much clearer legal footing, while Bitcoin Policy UK called it a historic change in English property law. Lawmakers have also framed the measure as an upgrade to consumer and investor protection because it strengthens ownership rights and may make recovery of stolen or fraudulently lost assets more straightforward. The legislation arrives alongside other notable U.K. crypto policy developments. Earlier in the year, the country lifted its four-year ban on retail access to bitcoin and crypto ETNs on FCA-approved exchanges, after which BlackRock launched its fully backed iShares Bitcoin ETP (IB1T) on the London Stock Exchange. At the same time, the government is reportedly considering banning political parties from accepting crypto donations, a move that could affect Nigel Farage’s Reform UK.

The United Kingdom has formally recognized crypto assets as a separate category of property under the new Property (Digital Assets etc.) Act 2025, which received Royal Assent from King Charles III after passing both houses of Parliament without amendment. The reform creates a third legal property category for digital assets such as bitcoin, stablecoins, and NFTs, placing them outside the traditional English law concepts of physical possessions and contractual rights. Supporters say this change modernizes property law for the digital era and gives holders clearer legal rights. The measure follows a 2023 recommendation by the Law Commission, which argued that digital assets did not fit neatly into existing legal classifications. While U.K. courts had already treated crypto as property in several rulings, those decisions depended on case-by-case reasoning rather than direct statutory recognition. By codifying the principle, industry groups such as CryptoUK say the law provides a clearer legal path for theft, fraud, insolvency, and estate planning cases, especially when ownership, asset recovery, and liquidation are at issue. Lawmakers have also framed the reform as a win for consumer and investor protection. At the same time, the U.K. continues to reshape its broader crypto policy landscape. Earlier this year, it lifted a four-year ban on retail access to bitcoin and crypto ETNs on FCA-approved exchanges, after which BlackRock launched its fully backed iShares Bitcoin ETP (IB1T) on the London Stock Exchange. However, the government is also reportedly considering a ban on crypto donations to political parties in a forthcoming Elections Bill.

BlackRock, the world's largest asset manager with over $10 trillion under management, has launched its first physically backed Bitcoin exchange-traded product (ETP) in Europe. The iShares Bitcoin ETP commenced trading on Tuesday on Germany's Xetra exchange and Euronext exchanges in Paris and Amsterdam, under tickers IB1T (Xetra, Paris) and BTCN (Amsterdam). The product carries a management fee of 0.25%, reduced to 0.15% through a temporary fee waiver until the end of 2025, with Coinbase as custodian. This move comes after BlackRock's highly successful U.S. Bitcoin ETF (IBIT) attracted over $50 billion in assets, becoming the largest spot Bitcoin ETF globally. CEO Larry Fink, once skeptical of Bitcoin, has warmed to the asset amid client demand. By offering a regulated ETP wrapper, BlackRock provides European institutional investors familiar exposure to Bitcoin, signaling the growing mainstream acceptance of digital assets as an emerging institutional asset class.

BlackRock has launched its first physically-backed bitcoin exchange-traded product (ETP) in Europe, listed on Germany's Xetra and Euronext exchanges in Paris and Amsterdam under tickers IB1T and BTCN. The move comes after its U.S. spot bitcoin ETF (IBIT) gathered over $50 billion in assets, becoming the largest globally. The ETP charges a 0.25% management fee, reduced to 0.15% through a temporary waiver until end-2025, with Coinbase custody. This signals BlackRock's shift from skepticism to embrace, further cementing bitcoin as an emerging institutional asset class.

The United Kingdom's Property (Digital Assets etc.) Act 2025 has received Royal Assent, creating a third legal category of property specifically for digital assets like Bitcoin, stablecoins, and NFTs. The bill, based on a 2023 Law Commission recommendation, aims to modernize property law for the digital era. It provides clearer legal pathways for theft, fraud, insolvency, and estate planning. Additionally, the UK lifted its ban on retail Bitcoin ETNs earlier this year, enabling BlackRock to launch a Bitcoin ETP. Meanwhile, the government is reportedly considering a ban on crypto donations to political parties, targeting parties like Reform UK that have accepted digital asset contributions.