UniCredit to Launch Structured Product Tied to BlackRock’s Spot Bitcoin ETF

European banking giant UniCredit is preparing to offer its professional clients a new investment product linked to BlackRock’s spot Bitcoin ETF (IBIT), according to a report by Bloomberg.

The initiative is aimed at bridging the gap between traditional finance and the growing demand for regulated crypto exposure among European investors.

Five-Year Investment Certificate with Capital Protection

The structured product will be a five-year, dollar-denominated investment certificate tied to the performance of BlackRock’s Bitcoin ETF. According to an internal memo cited by Bloomberg and confirmed by UniCredit, the instrument will provide 100% capital protection at maturity, giving clients downside security while offering upside potential linked to Bitcoin price movements.

Bridging Digital Assets with Traditional Finance

This move comes as European clients increasingly seek exposure to digital assets without having to directly buy or custody cryptocurrencies.

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By linking the structured note to BlackRock’s highly liquid and regulated ETF, UniCredit offers a familiar format for institutional and high-net-worth clients looking to gain Bitcoin exposure through trusted financial infrastructure.

The product also signals growing confidence in Bitcoin ETFs as gateway instruments for traditional capital, particularly in regions with strict compliance requirements and regulatory oversight.

Source

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.