Reported 2 days ago
BlackRock has launched its iShares Bitcoin ETP (IB1T) on the London Stock Exchange, allowing UK retail investors to gain regulated access to Bitcoin. This launch follows the Financial Conduct Authority's recent lifting of a ban on crypto-based exchange-traded products, reflecting a growing appetite for digital assets in the UK. In its first hour of trading, IB1T saw over 1,000 shares traded, indicating cautious but increasing interest. Analysts suggest this move positions London as a re-emerging hub for crypto finance and may lead to further market participation.
Source: YAHOO