BlackRock Europe ETP Surpasses $1.1 Billion…Will Bitcoin Demand Grow Further?

▲ BlackRock Bitcoin/ChatGPT generated image ©

BlackRock's European Bitcoin product has surpassed $1.1 billion within 13 months of its launch, clearly indicating a trend of institutional funds spreading across the global market.

According to investment specialized media FX Leaders on May 4 (local time), BlackRock's European iShares Bitcoin ETP IB1T recorded $1.113 billion in assets under management as of May 1. This achievement, made in just 13 months since its launch in March 2025, is considered one of the fastest-growing Bitcoin investment products in Europe.

This product is a Switzerland-based physically-backed Bitcoin collateralized structure, holding approximately 14,200 BTC. It is listed on major exchanges such as Xetra in Germany, Euronext Paris, and Euronext Amsterdam, and tracks the Bitcoin reference price of the Chicago Mercantile Exchange in the US. The fee is around 0.15%, with some exemptions applied until 2026.

The growth is attributed to MiCA, the European Union's regulatory framework for crypto assets. This regulation clarifies standards for custody, transparency, and investor protection, and is analyzed as a key factor attracting the participation of institutional investors, pension funds, and asset managers. Indeed, it is evaluated that BlackRock is expanding its dominance in the global market, coupled with its US spot Bitcoin ETF IBIT managing over $60 billion.

This trend leads to a decrease in Bitcoin's circulating supply, strengthening its long-term demand base. Simultaneously, the ETP structure allows individual investors and advisors to access Bitcoin without direct ownership, thereby expanding the investment base.

Experts anticipate an accelerated influx of funds from institutional and semi-professional investors starting in 2026. With US ETF funds, corporate treasury strategies, government interest, and European ETPs all aligning, Bitcoin demand is gradually becoming structured, according to analysis.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*