$2B to flow into BlackRock’s UK Bitcoin ETF: How UK traders could recycle into IBIT

BlackRock’s iShares Bitcoin Trust (IBIT) began trading in the UK on Oct. 20, opening a market that could funnel between $1.5 billion and $2 billion into the fund over time as UK retail investors gain regulated access to Bitcoin (BTC) exposure. The launch capitalizes on the Financial Conduct Authority’s (FCA) recent reversal of its ban The post $2B to flow into BlackRock’s UK Bitcoin ETF: How UK traders could recycle into IBIT appeared first on CryptoSlate.