BlackRock Launches iShares Bitcoin ETP on London Stock Exchange for UK Retail Investors

• BlackRock’s UK Bitcoin ETP launch signals growing regulatory openness and with increasing institutional trust in crypto exposure.
• But, despite of easier access, investors should remain cautious as market volatility and shifting fund flows continue to shape Bitcoin’s price trajectory.

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BlackRock has just launched its iShares Bitcoin exchange-traded product (IB1T) on the London Stock Exchange, giving UK retail investors regulated, brokerage-friendly exposure to Bitcoin without the needing to manage wallets or custody. The product is physically backing and custodied by Coinbase, with assets moved daily into segregating cold storage.

Moreover, the with listing follows the UK Financial Conduct Authority’s decision earlier this month to lifting a four-year ban on retail of the access to certain crypto ETPs and ETNs. In a report, Jane Sloan, EMEA Head of Global Product Solutions at BlackRock, stated:

For more context, the IB1T tracks Bitcoin’s spot price and is physically backed by BTC held in Coinbase custody. BlackRock’s listing page shows daily security value updates and an initially reduced fee schedule through the end of 2025.

However, while the physical backing and institutional custody lower some operational risks, investors still face Bitcoin’s inherent price volatility. According to analyses, as further explained in the market implications section below, it’s now easier to buy, but not necessarily risks free.

Market Implications: Easier Retail Access, Wider Adoption

Granting UK retail investors direct access via a regulated ETP could broaden demand and improve price discovery during UK market hours. BlackRock’s massive U.S. ETF AUM demonstrates there’s strong appetite when large firms provide secure, regulated pathways into crypto.

With that being noted, short-term flows can remain volatile. BlackRock’s U.S. product saw net outflows last week even as Bitcoin rebounded. Moreover, It will also be important to monitor trading volumes, custody flows, and whether other major asset managers follow suit in expanding their UK offerings.

Furthermore, with the UK’s projected four million crypto investors and BlackRock’s vast reach, sustained buying pressure could emerge, potentially reducing sell-side liquidity and supporting upward momentum toward analyst targets such as TD Cowen’s $141,000 by year-end.

Lastly, following a previous outlook by Crypto News Flash (CNF), August and September were expected to bring seasonal weakness. As of now, Bitcoin (BTC) is trading at approximately $109,500 USD, reflecting about roughly 0.63% over the past 24 hours decrease 1.59% over the past 7 days. See BTC price chart below.

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