UniCredit SpA, a major European banking group, is set to introduce an investment product tied to the BlackRock iShares Bitcoin Trust (IBIT).
The move represents a significant step by a prominent institution within the European Union’s traditional banking sector towards facilitating indirect Bitcoin exposure.
This offering, detailed by sources familiar with the matter reported by Bloomberg, provides UniCredit clients access to the cryptocurrency market through BlackRock’s regulated spot Bitcoin ETF.
The reported plan underscores ongoing institutional adoption of Bitcoin-related financial products within the regulated banking framework.
It signals UniCredit’s strategic positioning to meet evolving client demand for cryptocurrency exposure via established institutional pathways.