WuBlockchain
BlackRock's European iShares Bitcoin ETP (IB1T) has crossed $1.1 billion in assets under management, holding approximately 14,200 BTC. The product launched in March 2025 and trades on Euronext Paris, Euronext Amsterdam, and Xetra, extending BlackRock's spot BTC franchise from the US into European regulated venues.
Why it matters
IB1T's first-six-months trajectory is a useful read on European institutional appetite for direct BTC exposure through familiar wrappers. European ETPs have long lagged US spot ETFs in flows, but a $1.1B AUM figure inside roughly six months puts IB1T among the fastest-scaling European crypto ETPs on record. The product is also Shariah-compliant, a structural detail that opens a retail and institutional buyer base in the Gulf and Southeast Asia that vanilla spot products don't reach.
Market impact
The cross-listing footprint — Paris, Amsterdam, Frankfurt — matters because it gives European asset managers a single, regulated vehicle for client allocations across multiple jurisdictions without needing to route through US hours. For BlackRock, IB1T extends the IBIT playbook onto a second continent; for European buyers, it's the closest analog to a US-style spot ETF the region's regulatory framework currently permits.
Source: [iShares Bitcoin ETP | IB1T — BlackRock](https://www.blackrock.com/no/individual/products/337088/ishares-bitcoin-etp)
Frequently asked questions
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What is BlackRock's iShares Bitcoin ETP (IB1T)?
IB1T is BlackRock's European-listed spot Bitcoin exchange-traded product, trading on Euronext Paris, Euronext Amsterdam, and Xetra. It launched in March 2025 and is also Shariah-compliant, expanding the eligible buyer base.
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How much Bitcoin does IB1T hold?
IB1T holds approximately 14,200 BTC, with assets under management topping $1.1 billion as of the latest disclosure.
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When did IB1T launch?
IB1T launched in March 2025, reaching the $1.1B AUM mark within roughly six months — among the fastest-scaling European crypto ETPs on record.
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Why does the Shariah-compliance feature matter?
Shariah screening rules out IB1T for some conventional finance buyers, but it qualifies the product for Gulf and Southeast Asian institutional and retail capital that vanilla spot BTC products don't reach.
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How does IB1T differ from BlackRock's US spot Bitcoin ETF (IBIT)?
Both track spot BTC, but IB1T is structured as a European ETP across multiple EU venues and is Shariah-compliant, while IBIT is a US-listed spot ETF. IB1T extends the IBIT product playbook onto a second continent.
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