A fierce price war has erupted in the UK’s cryptocurrency exchange-traded note (ETN) market after regulators reopened access to retail investors for the first time in over four years. The move has triggered a wave of fee cuts from leading issuers, driving costs for bitcoin-linked products down to as little as 0.05%, levels even lower than most traditional equity and bond funds. The Financial Conduct Authority (FCA) lifted its ban on retail investment in crypto ETNs on October 8, marking a major policy re ...

BlackRock has launched its first Bitcoin exchange-traded product for UK retail investors, opening institutional-grade crypto access to Britain's retail market amid volatile trading conditions. The iShares Bitcoin ETP began trading on the London Stock Exchange on Monday, with securities physically backed by Bitcoin held through Coinbase, as per the Financial Times report. "As the UK crypto investor base is projected to approach 4 million over the next year, today's listing of exchange-traded products like ...

文章核心观点 - 贝莱德在欧洲推出比特币交易所交易产品iShares Bitcoin，同时其他金融公司也有产品扩张举措 [1][9][10] 贝莱德产品详情 - iShares Bitcoin ETP于周二在Xetra、泛欧巴黎证券交易所和泛欧阿姆斯特丹证券交易所上市，代码分别为IB1T和BTCN [2] - 该产品推出时临时免除10个基点费用，到2025年底前费用率降至0.15%，免除期结束后费用率为0.25% [2][3] - IB1T面向机构和成熟散户投资者，由在瑞士注册的特殊目的载体发行 [3] 贝莱德产品推出原因 - 公司此举旨在利用美国以外新市场对加密货币敞口不断增长的需求，符合其有机增长战略 [4] - 反映行业转折点，零售投资者需求与专业人士参与相结合 [5] 贝莱德股价表现与评级 - 过去六个月贝莱德股价上涨2%，行业增长2.4% [6] - 目前贝莱德Zacks评级为3（持有） [7] 其他金融公司产品扩张举措 - SEI Investments与Capital Group合作推出SEI Strategies，通过模型投资组合为客户提供更好税务解决方案 [9] - Robinhood旗下子公司在应用内推出预测市场中心，让客户对重大全球事件结果进行交易，以成为全方位服务金融公司 [10]