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TradFi
Gold
One platform for global traditional assets
Options
Hot
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Launch
CandyDrop
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Launchpool
Quick staking, earn potential new tokens
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AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
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CryptoWorld News reports that, according to U.Today, BlackRock's European Bitcoin Exchange-Traded Product (ETP) assets have quietly surpassed $1 billion, totaling approximately 14,200 Bitcoins. The product has attracted significant institutional attention in the European market, and by early May, the ETP's market capitalization had reached $1.1 billion. To achieve this valuation, the fund has accumulated a large amount of Bitcoin, with the current circulating securities totaling 142,241,128. BlackRock's iShares Bitcoin Trust (IBIT) remains a leader in the field, managing assets of about $61.96 billion.