UniCredit said to launch structured product tied to BlackRock's bitcoin ETF
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
UniCredit's New Investment Certificate: UniCredit will launch a five-year investment certificate linked to BlackRock's iShares Bitcoin Trust, providing 100% capital protection and capping returns at 85% of the trust's performance, available only to professional clients in Italy.
Performance of BlackRock's ETF: The iShares Bitcoin Trust, which has seen a 130% increase since its debut in January 2024, is the largest bitcoin exchange-traded fund with nearly $75 billion in assets under management.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
