- UniCredit collaborates with BlackRock on Bitcoin ETF-linked products.
- Exclusive to professional investors in Italy.
- Marks Italy’s first capital-protected, ETF-linked crypto product.
UniCredit partners with BlackRock, the provider of the iShares Bitcoin Trust ETF, to develop Bitcoin ETF-linked products for Italy’s professional clients. This product marks the first of its kind in the Italian market, offering unique capital protection features. Set to launch on July 1, 2025, this initiative exclusively targets professional clients, underscoring the rising demand for crypto-linked investment products among institutional investors.
“We are seeing increasing interest from professional investors in instruments tied to emerging asset classes such as cryptocurrencies. With this product, we offer our professional clients a distinctive solution — the first of its kind in Italy.” — Chicco di Stasi, Head of Group Investment Product Solutions and Equity & Credit Sales and Trading, UniCredit
The introduction of these structured notes signifies a strategic move by UniCredit to offer regulated Bitcoin exposure. The products come with full capital protection at maturity, addressing investment risks professionally. Requiring a minimum investment of $25,000, they provide a sophisticated vehicle for accessing Bitcoin without direct engagement in unregulated markets. This venture reflects UniCredit’s growing focus on integrating digital and crypto products into traditional banking frameworks.
While primarily impacting Bitcoin, the ETF-linked structured notes do not directly affect altcoins or on-chain activities. The product highlights the challenges faced by European institutions in Blockchain ETF implementation due to regulatory constraints. No competitive reactions from major rivals have been observed, indicating a wait-and-see approach within the industry.
The partnership between UniCredit and BlackRock signifies significant strides in financial innovation, with the ETF-linked product offering unprecedented Bitcoin investment pathways. Future developments could see further cryptocurrency integration within traditional financial systems, driven by institutional demand for secured investment solutions.
About the author
Mastercard Expands Crypto Team with Senior Hires
Mastercard hires two vice presidents to lead its cryptocurrency and blockchain efforts, signaling a strong commitment to digital asset ecosystems.
Robinhood Reaches Record High with Crypto Initiatives
Robinhood saw its stock rise nearly 5% to a new record high, driven by new crypto ventures, marking year-to-date gain at 163%.
VOOI DEX V2 Mainnet Launches, Enhances Cross-Chain Trading
VOOI DEX launches V2 mainnet backed by YZi Labs, enabling cross-chain trading sans wallets.
Fed Chair Signals Summer Inflation Increase Amidst Tariff Impact
Fed Chair Powell expects increased summer inflation due to tariff impacts, affecting financial market anticipation.
ZachXBT Challenges Ripple’s RLUSD Adoption Claims
ZachXBT questions Ripple's RLUSD adoption legitimacy, citing misleading promotion strategies, and scrutinizes its stablecoin growth claims.
UniCredit Offers Bitcoin ETF-Linked Products to Professional Clients
UniCredit partners with BlackRock to offer Bitcoin ETF-linked products to professional clients, marking a significant development in Italy.
Related
Mastercard Expands Crypto Team with Senior Hires
Mastercard hires two vice presidents to lead its cryptocurrency and blockchain efforts, signaling a strong commitment to digital asset ecosystems.
Is Qubetics the Best Crypto to Buy for 2025 After a $4.20 ATH? TRON $100M Stake, Aptos in CFTC
Qubetics delivers 420x ROI as TRON and Aptos gear up for explosive growth; is this the best crypto to buy for 2025?
Best Altcoins to Buy: BlockDAG, INJ, BCH, and RNDR Picks Today
Explore the best altcoins to buy now as BlockDAG, Injective, Bitcoin Cash, and Render capture attention with strong trends and growing momentum in 2025 markets.
Robinhood Reaches Record High with Crypto Initiatives
Robinhood saw its stock rise nearly 5% to a new record high, driven by new crypto ventures, marking year-to-date gain at 163%.
VOOI DEX V2 Mainnet Launches, Enhances Cross-Chain Trading
VOOI DEX launches V2 mainnet backed by YZi Labs, enabling cross-chain trading sans wallets.
Fed Chair Signals Summer Inflation Increase Amidst Tariff Impact
Fed Chair Powell expects increased summer inflation due to tariff impacts, affecting financial market anticipation.
Be the first to leave a comment