The world’s largest asset management company BlackRockiShares Bitcoin as of October 20, 2025 $110,896.21 It opened its Exchange-Traded Product (ETP) product to trading on the London Stock Exchange. New fund listed under symbol IB1T EnglandIt offers individual investors direct access to Bitcoin through a regulated exchange-traded product for the first time.
Physically Based Investment Period in Bitcoin
iShares Bitcoin ETPUnlike products based on derivative instruments, it directly tracks the spot price of Bitcoin. Investors can transparently evaluate price movements without having to buy or store the asset directly. moneymarketingAccording to the news, BlackRock will fully support the product physically and protect the BTCs under the control of ETP with multi-party calculation and cold wallet systems through Coinbase.
The introduction of ETP is considered as an indicator of the increasing institutional adoption of cryptocurrencies, as well as the maturation of the regulatory framework. According to BlackRock executives, the UK market is entering a new era that will increase investor confidence.
A New Page in the UK Cryptocurrency Market with FCA Approval
launch, UK Financial Conduct AuthorityIt happened shortly after (FCA) lifted restrictions on cryptocurrency-related ETPs. Thus, for the first time since 2021, retail investors in the UK have gained legal access to regulated Bitcoin funds.
With this step, England Germany And France It has become more open to cryptocurrency innovation by joining European markets such as. BlackRock manages over $85.5 billion in assets in the US. iShares Bitcoin Trust Following its success in the (IBIT) fund, the company is expected to gain similar momentum in the UK.
According to the findings of the research shared by the company, it is expected that 21 percent of the adult population in the UK will invest in cryptocurrency for the first time in the next 12 months. This rate makes the country the third fastest growing country in Europe. cryptocurrency market can become.
At the time of writing, Bitcoin was trading at $110,783, with an increase of 2.87 percent in the last 24 hours.