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Asset management titan BlackRock is set to launch a Bitcoin ETP (exchange-traded product) in Europe today as US spot Bitcoin ETFs (exchange-traded funds) push their net daily inflow streak to 7 days. BlackRock’s iShares Bitcoin ETP follows the success of the asset manager’s spot Bitcoin ETF, which launched in the US in January last year.  BlackRock’s Bitcoin ETP To List On Multiple Platforms Today BlackRock’s Bitcoin ETP will be listed on Euronext Paris and Xetra under the ticker “IB1T.” It will also list on Euronext Amsterdam as “BTCN.” The ETP is backed by Bitcoin that is held by Coinbase Custody International Ltd. in cold storage, according to iShares .  BlackRock’s Bitcoin ETP listings in Europe also marks the first time the asset manager has introduced a crypto ETP outside of North America. US Spot Bitcoin ETFs Extend Inflow Streak BlackRock’s ETP launches in Europe come as US spot Bitcoin ETFs continue...

In what is certainly a sign of the growing reach of the digital asset sector, Deutsche Telekom, the largest telecom provider in all of Europe, has begun testing Bitcoin mining. Specifically, the T-Mobile parent company is testing the process for surplus energy, according to a press release issued Monday. The firm announced the pilot project that would be taking place in collaboration with Bankhaus Metzler, one of Germany’s oldest banks. The project will seek to create a BTC mining infrastructure that is powered by renewable energy, the company notes. Source: Watcher.Guru Also Read: T-Mobile Parent Company Deutsche Telekom to Mine Bitcoin Deutsche Telekom Announces Bitcoin Mining Pilot Project There is no denying the vast growth that the cryptocurrency sector has enjoyed throughout 2024. The launch of crypto-based ETFs in the United States has opened the door to a wealth of new investors. Specifically, institutions like BlackRock and Fidelity have integrated massively with the asse...