BlackRock has formally listed the iShares Bitcoin Trade Traded Product (ETP) on the London Inventory Trade (LSE).
This follows the Monetary Conduct Authority's (FCA) resolution to ease restrictions on crypto-related funding merchandise.
The ETP, ticker IB1T, permits retail buyers to realize publicity to Bitcoin with out instantly buying and selling or storing the cryptocurrency, offering a simplified entry level to the digital asset market.
This product is totally bodily backed and all of your Bitcoins are securely saved by way of Coinbase.
BlackRock emphasised that ETP removes the technical challenges of holding cryptocurrencies and shifts the accountability for secure storage to the issuer.
The corporate says Coinbase employs a mixture of bodily safety, multi-party computation, and every day transfers to remoted chilly storage wallets to make sure institutional-grade safety for buyers.
“iShares Bitcoin ETP leverages Coinbase and BlackRock’s long-standing integration and gives UK buyers with a safe gateway to digital property by way of conventional buying and selling platforms,” stated Jane Sloan, Head of EMEA International Product Options at BlackRock.
With the variety of UK crypto holders anticipated to rise to almost 4 million adults over the subsequent 12 months, the launch is seen as well timed and gives entry to a regulated and acquainted funding car.
NEW: BlackRock's #Bitcoin buying and selling product is now formally traded on the London Inventory Trade
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— Bitcoin Journal (@BitcoinMagazine) October 21, 2025
The ETP's complete expense ratio (TER) is 15 foundation factors per 12 months, together with a brief price waiver by way of the top of 2025.
From January 1, 2026, TER will probably be elevated to 25 bps. BlackRock Funding Institute advises that for buyers with correct governance and danger tolerance, a 1-2% allocation to Bitcoin inside a multi-asset portfolio is affordable, reflecting each the potential upside and the asset's excessive volatility.
UK ETN and ETP retail ban lifted
The debut follows UK regulatory modifications after the FCA lifted a four-year ban on retail entry to cryptocurrency-linked change traded notes (ETNs) and ETPs. Beforehand, retail buyers have been prohibited from utilizing these merchandise on account of considerations about excessive volatility and shopper danger.
The FCA famous that because the market matures and enhancements in institutional custodians and liquidity grow to be accessible, these investments grow to be extra appropriate for regulated markets.
Though the retail ban on crypto derivatives stays in place, the FCA has indicated it would proceed to watch high-risk investments and opened the door to fund tokenization efforts in its asset administration sector.
The UK launch displays the success of BlackRock's Bitcoin providing within the US. Its flagship product, the iShares Bitcoin Belief ETF (IBIT), presently manages greater than $100 billion and attracts each retail and institutional buyers by way of conventional brokerage accounts.
BlackRock reported $17 billion in internet inflows into digital asset merchandise within the third quarter of 2025, highlighting sturdy demand for regulated cryptocurrency publicity.
The put up BlackRock launches Bitcoin ETP on London Inventory Trade as UK crypto ban lifts Initially revealed in Bitcoin Journal and written by Micah Zimmerman.
