RBC iShares Expands Access to BlackRock's Bitcoin ETP Platform
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RBC iShares has launched the iShares Bitcoin ETF (IBIT) in Canada, expanding access to BlackRock's digital asset platform. The ETF aims to track the performance of bitcoin and will also be available in a U.S.-dollar denominated class (IBIT.U).
January 13, 2025 | 12:45 pm
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BlackRock's digital asset platform is expanding with the launch of the iShares Bitcoin ETF (IBIT) in Canada, potentially increasing its market reach and influence in the digital asset space.
The launch of the iShares Bitcoin ETF in Canada by RBC iShares, which is part of BlackRock, signifies an expansion of BlackRock's digital asset offerings. This could enhance BlackRock's market presence and attract more investors interested in digital assets, potentially leading to a positive impact on its stock price.
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