UniCredit Joins Bitcoin ETF Wave with BlackRock-Linked Product

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In a major nod to institutional crypto demand, UniCredit is rolling out a structured product tied to BlackRock’s blockbuster Bitcoin ETF (IBIT), per Bloomberg.

The European bank’s five-year investment certificate—denominated in dollars and promising full capital protection—aims to bridge traditional finance with digital assets.

This follows BlackRock’s staggering success with IBIT, which has amassed $73 billion in assets since its 2023 launch.

The move highlights Bitcoin’s deepening integration into mainstream finance. BlackRock has also pushed into Europe with a spot Bitcoin ETP, suggesting crypto’s institutional adoption is only accelerating.