Core Insights - BlackRock launched a bitcoin exchange-traded product (ETP) on the London Stock Exchange, following the Financial Conduct Authority's lifting of a retail investment ban imposed in 2021 [1] - The iShares Bitcoin ETP (IB1T) is part of a broader range of products now available to retail investors, including offerings from 21Shares, WisdomTree, and Bitwise, allowing exposure to bitcoin without direct ownership [2] - 21Shares introduced four crypto exchange-traded notes (ETNs), including bitcoin and ether staking products, marking a significant development for U.K. investors who previously lacked access to regulated crypto products [3] - Bitwise launched four ETPs on the LSE, reducing management fees for its Core Bitcoin ETP (BTC1) to enhance competitiveness [4] - BlackRock's iShares Bitcoin Trust (IBIT) has $85.5 billion in net assets, making it the largest spot bitcoin ETF, followed by Fidelity's FBTC with $21.9 billion [5]