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TechFlow, Oct. 20 — According to CoinDesk, BlackRock's bitcoin ETP began trading on the London Stock Exchange on Monday under the ticker IB1T.
Previously, the UK Financial Conduct Authority (FCA) lifted its ban on certain bitcoin-based exchange-traded products. The iShares Bitcoin ETP allows retail investors to gain exposure to bitcoin through a regulated market without directly holding cryptocurrency.
According to CoinDesk, BlackRock's bitcoin ETP began trading on the London Stock Exchange on Monday under the ticker IB1T. This follows the UK Financial Conduct Authority (FCA) lifting its ban on certain bitcoin-based exchange-traded products. The iShares Bitcoin ETP allows retail investors to gain exposure to bitcoin through regulated markets without directly holding cryptocurrency.
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