Blackrock (BLK), Global Asset Manager behind the largest US spot Bitcoin (BTC) Exchange-Traded Fund (ETF), is set to list a Bitcoin Exchange-Traded Product (ETP) in Europe, its first crypto ETP outside North America.

Ishares Bitcoin ETP will trade with Xetra and Euronext in Paris under Ticker IB1T and at Euronext Amsterdam as BTCN on Tuesday, according to listing details on the Ishares’ website.

Blackrocks Ishares Bitcoin Trust Etf (Ibit) is by far the largest of the 12 spot -bitcoin -TFs listed in the US with net assets worth over $ 50 billion and cumulative net flow of just under $ 40 billion, according to data traced the SOSOVALUE.

Coinbase (COIN), which delivers IBIT custody, will do the same for the European product.

The European ETP fee is temporarily reduced by 10 basic points to 0.15% until the end of 2025.

ETP’s introduction was reported previously by Bloomberg.