BlackRock<\/strong> has officially launched the iShares Bitcoin<\/a><\/strong> ETP under the ticker IB1T on the London Stock Exchange<\/strong>. For the first time, British investors can access regulated Bitcoin exposure<\/strong> through an exchange-traded product managed by the financial giant with $10 trillion in assets under management<\/strong>.<\/p>\n\n\n\n The launch is off to a solid start. The ETP provides direct exposure to Bitcoin’s<\/a> price<\/strong> without the technical constraints associated with digital asset custody<\/strong>. This solution meets the growing demand from institutional and retail investors looking to invest through vehicles compliant with European regulations<\/strong>.<\/p>\n\n\n\n The structure is based on physical Bitcoin backing<\/strong>: Each share is backed by BTC actually held in custody, which enhances transparency and limits counterparty risk<\/strong>, unlike synthetic derivative products.<\/p>\n\n\n\n