Blackrock Plans to Launch a Bitcoin ETP in Europe: Bloomberg

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The fund would be based in Switzerland and BlackRock could start marketing it as soon as this month, according to the story.

Blackrock (BLK) plans on listing a bitcoin exchange traded product (ETP) in Europe with marketing to begin as soon as this month, reports Bloomberg.

This would be the asset manager's first crypto-linked ETP outside of America.

The company's U.S.-based bitcoin ETF has accumulated nearly $60 billion in AUM in just more than a year of operation.