PWC News
Friday, August 8, 2025
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

UniCredit to offer Bitcoin exposure to professional clients via BlackRock IBIT-linked certificate

Home Cryptocurrency
Share on FacebookShare on Twitter


Nemo

European banking behemoth UniCredit is coming into the crypto enviornment with a structured product tied to BlackRock’s spot Bitcoin exchange-traded fund (ETF), Bloomberg Information reported on July 1, citing an inside memo.

Below the plan, UniCredit will supply skilled shoppers a five-year, U.S. dollar-denominated funding certificates linked to BlackRock’s iShares Bitcoin Belief (IBIT). The product will assure 100% capital safety at maturity.

BlackRock launched its spot Bitcoin exchange-traded product in Europe in March, itemizing underneath the ticker “IB1T” on Euronext Paris and Xetra, and “BTCN” on Euronext Amsterdam.

The agency’s U.S.-listed IBIT fund has amassed over $73 billion in property underneath administration, making it probably the most profitable crypto-linked monetary product by funding capital thus far.

The transfer comes amid a sweeping embrace of digital property by European banks, enabled by the EU’s Markets in Crypto-Property (MiCA) regulatory regime changing into efficient throughout the bloc.

Deutsche Financial institution final week confirmed it should launch institutional crypto custody providers in 2026. It follows a June announcement that the lender can also be exploring stablecoin issuance and blockchain cost tasks consistent with MiCA tips.

Concurrently, Germany’s Sparkassen-Finanzgruppe, comprising native financial savings banks with over 50 million clients, is making ready to roll out regulated crypto buying and selling entry for its retail shoppers by summer season 2026, providing property equivalent to Bitcoin (BTC) and Ethereum (ETH).

In the meantime, Deutsche Boerse’s custody arm, Clearstream,  started offering institutional shoppers with Bitcoin and Ethereum settlement and custody providers earlier this 12 months.

France’s Societe Generale can also be persevering with its enlargement into digital finance and launching a dollar-pegged stablecoin, USD CoinVertible, through its SG-FORGE subsidiary this month.dy.

Spain’s BBVA, generally cautious on crypto, now advises prosperous shoppers to carry 3%–7% of their portfolios in Bitcoin and Ethereum. The lender has additionally secured approval to launch crypto buying and selling providers.

Nonetheless, European regulators stay cautious. ECB Governor Fabio Panetta lately reiterated considerations of reputational dangers from crypto providers inside regulated banks and burdened the necessity to handle investor expectations and think about a digital euro to protect confidence in monetary programs.

Talked about on this article



Source link

Tags: BitcoinBlackRockcertificateClientsExposureIBITlinkedofferProfessionalUniCredit
Previous Post

Stocks to Track: Asian Paints, Grasim, Lupin, Paras Defence, MOIL, other scrips to be in focus on July 2

Next Post

Powell confirms that the Fed would have cut by now were it not for tariffs

Related Posts

Trump signs executive order to end banking discrimination against crypto industry
Cryptocurrency

Trump signs executive order to end banking discrimination against crypto industry

August 8, 2025
NYDFS Fines Paxos .5M, Orders Compliance Overhaul in Binance Stablecoin Case
Cryptocurrency

NYDFS Fines Paxos $26.5M, Orders Compliance Overhaul in Binance Stablecoin Case

August 7, 2025
Bitcoin Remains ‘Undefeatable’, Tether Chief Says
Cryptocurrency

Bitcoin Remains ‘Undefeatable’, Tether Chief Says

August 7, 2025
Bank of America Addresses Debanking Claims, Backing Regulatory Reform – Featured Bitcoin News
Cryptocurrency

Bank of America Addresses Debanking Claims, Backing Regulatory Reform – Featured Bitcoin News

August 7, 2025
Number of salaries paid in crypto tripled in 2024: Report
Cryptocurrency

Number of salaries paid in crypto tripled in 2024: Report

August 7, 2025
Pro-Bitcoin Senator Marsha Blackburn announces run for Tennessee governor
Cryptocurrency

Pro-Bitcoin Senator Marsha Blackburn announces run for Tennessee governor

August 6, 2025
Next Post
Powell confirms that the Fed would have cut by now were it not for tariffs

Powell confirms that the Fed would have cut by now were it not for tariffs

Crypto Market Slides As Trump Dismisses Extending Tariffs Deadline

Crypto Market Slides As Trump Dismisses Extending Tariffs Deadline

3 Best Cold Crypto Wallets for 2025: Ledger, Trezor, and Tangem — Which One Will Keep Your Crypto…

3 Best Cold Crypto Wallets for 2025: Ledger, Trezor, and Tangem — Which One Will Keep Your Crypto…

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Technical Outlook on USD/JPY, GBP/USD, BTC/USD | Investing.com
Market Analysis

Technical Outlook on USD/JPY, GBP/USD, BTC/USD | Investing.com

by PWC
August 6, 2025
0

USD/JPY drops over 2.0% after NFP miss; holds close to key assist as ISM providers PMI looms GBP/USD seeks course...

Bitcoin Remains ‘Undefeatable’, Tether Chief Says

Bitcoin Remains ‘Undefeatable’, Tether Chief Says

August 7, 2025
Republicans finally saying the quiet part out loud about a policy they vowed to protect

Republicans finally saying the quiet part out loud about a policy they vowed to protect

August 5, 2025
EFRAG Releases Proposed Simplified European Sustainability Reporting Standards – ESG Today

EFRAG Releases Proposed Simplified European Sustainability Reporting Standards – ESG Today

August 2, 2025
Resideo Technologies, Inc. 2025 Q2 – Results – Earnings Call Presentation (NYSE:REZI)

Resideo Technologies, Inc. 2025 Q2 – Results – Earnings Call Presentation (NYSE:REZI)

August 6, 2025
Eric Trump bull-posts Bitcoin, Ethereum amid tariff jitters

Eric Trump bull-posts Bitcoin, Ethereum amid tariff jitters

August 2, 2025
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.