Blackrock Europe Bitcoin Etp Crosses 1 Billion Aum
BlackRock's European iShares Bitcoin ETP (IB1T) has surpassed $1.1 billion in assets under management, holding roughly 14,200 BTC since its March 2025 launch across Euronext Paris, Amsterdam, and Xetra.
IB1T Tops $1.1 Billion Just Over a Year After Launch
BlackRock's European iShares Bitcoin ETP has crossed $1.1 billion in assets under management, marking a significant milestone for institutional $BTC adoption beyond the United States. The product, trading under the ticker IB1T, now holds roughly 14,200 BTC as of May 4, 2026.
The ETP was launched in March 2025 as BlackRock's first crypto product outside North America. It lists on Xetra and Euronext Paris under the ticker IB1T, and on Euronext Amsterdam as BTCN. The product is physically backed by Bitcoin held in cold storage through Coinbase, and is domiciled in Switzerland.
The milestone underlines that demand for regulated Bitcoin exposure is no longer a purely American story. In the US, BlackRock's iShares Bitcoin Trust (IBIT) has long held the position of the world's largest spot Bitcoin ETF by assets — drawing more than $824 million in a single week during late April 2026, outpacing all other US Bitcoin ETFs combined over the same period. IB1T now joins IBIT as the firm's second flagship regulated Bitcoin product globally.
MiCA Regulation and the European Crypto Market
The ETP's growth carries distinct regulatory significance in Europe. Unlike IBIT's US structure, IB1T operates within the EU's Markets in Crypto-Assets (MiCA) regulatory framework, which was fully implemented in late 2024 and has standardised licensing and compliance rules for crypto-asset service providers across the bloc.
BlackRock has pointed to the scale of the European opportunity. Jane Sloan, EMEA head of global product solutions at BlackRock, noted that with 25 million cryptocurrency investors across Europe, ETPs have a key role to play in bridging crypto and traditional finance. The product launched with a discounted total expense ratio of 0.15%, rising to a standard 0.25% after the temporary fee waiver expired at end of 2025 — placing it in line with competing European Bitcoin ETPs from providers including CoinShares, WisdomTree, and Invesco.
The European crypto ETP market remains considerably smaller than its US counterpart, but BlackRock's entry and rapid asset accumulation signal that institutional appetite on the continent is building steadily.
Sources:
Bitcoin.com News – BlackRock European Bitcoin ETP Surpasses $1.1 Billion in Assets
CoinDesk – BlackRock Lists Bitcoin ETP in Europe
Funds Europe – BlackRock Debuts Bitcoin ETP in Europe
Related News:
BSCN – Bitcoin Recent Updates: Institutional Access, Payment Growth, and Renewed Market Activity
(Advertisement)
Author
Soumen DattaSoumen has been a crypto researcher since 2020 and holds a master’s in Physics. His writing and research has been published by publications such as CryptoSlate and DailyCoin, as well as BSCN. His areas of focus include Bitcoin, DeFi, and high-potential altcoins like Ethereum, Solana, XRP, and Chainlink. He combines analytical depth with journalistic clarity to deliver insights for both newcomers and seasoned crypto readers.