BlackRock, managing $11 trillion in assets, is launching a Bitcoin ETF in the UK, signaling major institutional adoption of cryptocurrency, as seen with their existing iShares Bitcoin Trust (IBIT) in the US, which offers direct Bitcoin exposure without typical regulatory oversight.
This move aligns with BlackRock’s 2025 study showing 300 million global crypto users, driven by younger generations like Millennials and Gen Z, who outpace older demographics in adoption by up to 62.9 times, highlighting a demographic shift in investment trends.
Despite Bitcoin ETF market strength with $94.6 billion in assets and $2.75 billion in average daily trading volume, recent concerns include an 18% drop in activity and a bearish “death cross” signal, with Bitcoin trading below $84,000 as of April 16, 2025.
