贝莱德正式在欧洲列出了比特币交换的产品

根据彭博社的说法，新的ETP称为ISHARES BITCOIN ETP，将于周二在Xetra和Euronext Paris下开始交易。

BlackRock, Inc. (NYSE:BLK) is introducing its iShares Bitcoin ETP (exchange-traded product) on Xetra and Euronext Paris on Tuesday, marking the firm’s first crypto ETP outside of North America.

BlackRock，Inc。（NYSE：BLK）于周二在Xetra和Euronext Paris上引入其Ishares Bitcoin ETP（交易所交易产品），这标志着该公司在北美以外的第一个加密ETP。

The new ETP, which will trade under the ticker IB1T and begin trading in Amsterdam under BTCN, follows the successful launch of BlackRock’s U.S. Bitcoin fund. Having no startup fee, the iShares Bitcoin Trust launched in January with a 10-basis point tempory fee, cutting the e xpense ratio to 0.15% until the end of 2025. Afterward, it will return to 0.25%, matching the fee of CoinShares’s $1.3 billion physical Bitcoin product, which currently leads the European market in assets.

新的ETP将在股票IB1T下进行交易，并在BTCN下开始在阿姆斯特丹进行交易，遵循BlackRock的美国比特币基金的成功启动。 Ishares比特币信托基金（Ishares Bitcoin Trust）在一月份发起了10个基点的省点费用，将E Xpense比率降低到0.15％，直到2025年底。此后，它将返回0.25％，与Coinshares的130亿美元物理币产品相匹配，目前是欧洲市场，这是欧洲市场中的欧洲市场。

The iShares Bitcoin ETP will be physically backed by Bitcoin and held by Coinbase (NASDAQ:COIN) Global Inc (NASDAQ:COIN), with the product available to both institutional clients and qualified retail investors. It will be issued through a Swiss-based special purpose vehicle.

Ishares比特币ETP将由比特币（NASDAQ：COIN）Global Inc（NASDAQ：COIN）持有的比特币，并提供机构客户和合格的零售投资者的产品。它将通过基于瑞士的专用车辆发行。

Manuela Sperandeo, who leads iShares Product for Europe and the Middle East at BlackRock, said the firm is seeing interest in crypto rising across the board.

领导欧洲和贝莱德（Blackrock）中东产品产品的曼努埃拉·斯佩兰德（Manuela Sperandeo）表示，该公司看到对加密货币的兴趣全面上升。

“It reflects what really could be seen as a tipping point in the industry — the combination of established demand from retail investors with more professionals now really getting into the fold,” Manuela said.

曼努埃拉说：“这反映了实际上可以看作是行业的临界点 - 散户投资者与越来越多的专业人士的既定需求结合在一起。”

Even though Bitcoin ETPs have been present in Europe for several years now, the market is still relatively small, with around $13.6 billion in total assets across various products. In comparison, the U.S. saw crypto ETPs explode after the Securities and Exchange Commission approved several spot Bitcoin ETFs.

即使比特币ETP在欧洲已经存在了几年，但市场仍然相对较小，各种产品的总资产约为136亿美元。相比之下，美国证券交易委员会批准了几个比特币ETF之后，美国看到加密ETP爆炸。

BlackRock’s U.S. version, the iShares Bitcoin Trust, reached $48 billion in assets in a little over a year, quickly becoming a hot topic. Meanwhile, the European launch comes after months of anticipation and silent buildup.

贝莱德（Blackrock）的美国版本，iShares比特币信托基金（Ishares Bitcoin Trust）在一年多的时间内达到了480亿美元的资产，迅速成为一个热门话题。同时，欧洲发射是经过数月的预期和沉默的积累。

The European expansion also comes as BlackRock is reporting record financial results. In the fourth quarter of 2024, the firm’s assets under management reached $11.6 trillion, up from $11.48 trillion in Q3 and $10.01 trillion the year before, breaking company records. The firm also saw a 21% jump in profits, closing the quarter with $1.67 billion in net income, or $10.63 per share, compared to $1.38 billion, or $9.15 per share, a year earlier.

欧洲的扩张也随着贝莱德报道创纪录的财务业绩而来。在2024年的第四季度，该公司的管理资产达到了11.6万亿美元，高于前一年的11.48万亿美元，损失公司的记录。该公司的利润增长了21％，净收入为16.7亿美元，即每股10.63美元，而一年前，每股16.7亿美元，每股9.15美元。

Long-term net inflows in Q4 reached $201 billion, while total net inflows came in at $281.4 billion, more than doubling from $95.6 billion in the fourth quarter of the previous year. The majority of that went into ETFs, which brought in $142.6 billion, and fixed-income products, which received $23.8 billion.

第四季度的长期净流入量达到2010亿美元，而总净流入量为2814亿美元，从上一年第四季度的956亿美元翻了一番。其中大多数进入了ETF，这带来了1426亿美元和固定收益产品，获得了238亿美元。

The growth is being credited to strong market performance and client momentum, especially after Donald Trump’s presidential win in November 2024, which sparked a U.S. stock market rally on anticipation of tax cuts and deregulation.

增长归功于强劲的市场表现和客户势头，尤其是在唐纳德·特朗普（Donald Trump）在2024年11月赢得总统胜利之后，这引发了美国股票市场的预期减税和放松管制。

The company’s buying spree also played a role in its expanding influence. In 2024 alone, BlackRock spent roughly $25 billion acquiring Global Infrastructure Partners, an infrastructure fund, and HPS Investment Partners, a private credit firm. Those deals pushed the firm deeper into private markets, where growth has been outpacing traditional public investments.

该公司的购买狂潮也在其不断扩展的影响力中发挥了作用。仅在2024年，BlackRock就花费了大约250亿美元收购全球基础设施合作伙伴，基础设施基金，以及HPS Investment Partners（一家私人信贷公司）。这些交易使公司更深入地进入了私人市场，在这些市场上增长一直超过传统的公共投资。

Larry Fink, BlackRock’s CEO, had interesting observations on how clients are responding to the firm’s aggressive moves.

贝莱德（Blackrock）首席执行官拉里·芬克（Larry Fink）对客户如何应对公司的积极举动有了有趣的观察。

“For many companies, periods of M&A contribute to a pause in client engagement. At BlackRock, clients are instead embracing and rewarding our strategy,” Larry said in a statement last year.

拉里在去年的一份声明中说：“对于许多公司而言，并购期间有助于客户参与度。

The company’s performance was also aided by market tailwinds. The S&P 500 ended Q4 with a 2.1% gain, wrapping up the year with a 23.3% rise—two years of 20%-plus returns. On the global side, the MSCI index for world stocks dropped 1.2% in Q4 but still climbed 15.7% over 2024, marking a second year of gains.

该公司的业绩也得到了市场风风的帮助。标准普尔500指数以2.1％的增长结束了第四季度，并以23.3％的增长结束了这一年，两年为20％以上的回报。在全球方面，世界股票的MSCI指数在第四季度下降了1.2％，但在2024年仍在攀升15.7％，这是第二年的收益。