BREAKING: Blackrock launches first #Bitcoin product in Europe.
“This could be seen as a tipping point in the industry — the combination of established demand from retail with more professionals now getting into the fold.” - Manuela Sperandeo, head of Europe & Middle East
Interestingly they had to do an ETP instead of an ETF because of silly EU UCITS regulations that force "diversification" on some types of regulated products.
This is no tipping point. There has been multiple ETPs in Europe for many years.
0 interest until the herd received green light of their overloards
