BlackRock European iShares Bitcoin ETP Hits $1.1B Holding 14,200 BTC

By CFN
about 2 hours ago
UTED ETF BTC IBIT BLACKROCK
  • BlackRock’s European iShares Bitcoin ETP (IB1T) exceeded $1.1 billion in assets, holding about 14,200 Bitcoin.
  • The product is listed on Euronext Paris, Euronext Amsterdam, and Xetra, expanding institutional access.
  • Operating under Markets in Crypto-Assets Regulation, the ETP offers physically backed exposure with custody handled by Coinbase Custody International Ltd.

BlackRock’s European iShares Bitcoin ETP (IB1T) surpassed $1.1 billion in assets under management after launching in March 2025. The product, listed across Euronext Paris, Euronext Amsterdam, and Xetra, now holds about 14,200 Bitcoin. According to company data, the growth reflects steady accumulation within a regulated European framework.

Product Growth Builds Across European Exchanges

Notably, IB1T expanded its footprint across multiple major European trading venues. Listings on Euronext Paris, Euronext Amsterdam, and Xetra enabled broader access for institutional participants. As a result, the product recorded consistent inflows following its launch.

Moreover, the ETP operates under the European Union’s Markets in Crypto-Assets Regulation. This framework, which took effect in 2024, standardizes rules for digital asset products. According to available details, the structure supports regulated exposure to Bitcoin through traditional exchange infrastructure.

Holdings Backed by Custody and Structure

Meanwhile, the product holds approximately 14,200 BTC in custody. Coinbase Custody International Ltd secures these holdings in cold storage. This setup ensures the ETP remains physically backed by Bitcoin rather than synthetic exposure.

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In addition, IB1T follows a structure where investors gain price exposure without direct asset handling. The arrangement removes the need for private key management while maintaining linkage to underlying Bitcoin holdings. This approach aligns with institutional portfolio requirements.

Expansion Reflects Broader Product Strategy

At the same time, IB1T forms part of BlackRock’s broader digital asset expansion in Europe. The product followed the firm’s earlier Bitcoin ETF rollout in the United States. Both offerings use exchange-traded structures to provide access through regulated markets.

Furthermore, IB1T’s accumulation pace shows continued capital allocation into structured crypto vehicles. The fund’s growth to over $1.1 billion occurred within a relatively short period after launch. This development places the product among notable Bitcoin ETPs operating within European markets.

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