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<h2 id="header-0">Bitcoin News</h2>BlackRock debuted its iShares Bitcoin ETP on the London Stock Exchange Monday, marking the asset manager&#x27;s first crypto product available to U.K. retail investors.The exchange-traded product <a href="https://www.blackrock.com/uk/intermediaries/products/337088/ishares-bitcoin-etp">began </a>trading following the Financial Conduct Authority&#x27;s decision to ease restrictions on crypto investment vehicles. The iShares Bitcoin ETP <a href="https://www.ftadviser.com/bitcoin/2025/10/20/blackrock-launches-bitcoin-backed-fund/">allows </a>U.K.-based retail investors to gain Bitcoin exposure without directly holding the asset or trading on crypto exchanges.The product is structured as a Bitcoin-linked security, enabling investors to purchase fractions of Bitcoin through units starting at approximately $11. Securities are physically backed by Bitcoin held through Coinbase custody, with institutional-grade security protocols in place.Jane Sloan, BlackRock&#x27;s EMEA head of global product, stated the U.K. crypto investor base is projected to approach 4 million over the next year. She emphasized the product unlocks a secure gateway to digital assets through traditional investment platforms with robust custody and regulatory oversight.Coinbase transfers Bitcoin from trading wallets into segregated, offline cold storage by day&#x27;s end as part of the security infrastructure. The ETP is designed to mirror Bitcoin prices while trading within a regulated framework through traditional brokerage accounts.The U.K. launch follows the runaway success of BlackRock&#x27;s U.S. spot Bitcoin ETF, which became the firm&#x27;s most profitable fund just 21 months after launch. The U.S. product now manages over $87.5 billion in assets, though it fell short of the $100 billion milestone amid last week&#x27;s market crash.The move came weeks after the FCA lifted its four-year ban on crypto exchange-traded notes on Oct. 9. David Geale, FCA executive director of payments and digital finance, acknowledged the market has evolved since restrictions were implemented, with products now more mainstream and better understood.BlackRock CEO Larry Fink has shifted his stance on crypto dramatically, from calling Bitcoin &quot;an index of money laundering&quot; in 2017 to recently stating crypto serves &quot;the same purpose as gold&quot; as an alternative asset. Fink <a href="https://www.cbsnews.com/news/ai-boom-propping-up-economy-as-some-guardrails-coming-off-andrew-ross-sorkin-60-minutes-transcript/">told</a> CBS the markets teach investors to constantly reassess assumptions.Market conditions remain volatile, with digital asset investment products <a href="https://researchblog.coinshares.com/volume-256-digital-asset-fund-flows-weekly-report-e6e5f3b36cfd">seeing</a> $513 million in outflows last week. The FCA said its retail ban on crypto asset derivatives will remain in place, though it will continue monitoring the market and its approach to these high-risk investments.

BlackRock Launches Bitcoin ETP for U.K. Retail Market

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