UniCredit Just Opened the Floodgates: Professional Clients Can Now Access Bitcoin Through BlackRock’s IBIT-Linked Certificate
Traditional finance finally catches up—by piggybacking on crypto's momentum. UniCredit joins the institutional Bitcoin rush with a BlackRock-backed structured product, proving even old-money banks can't ignore the digital gold rush.
No more FOMO for high-net-worth clients: The Italian banking giant is offering regulated exposure to Bitcoin's volatility without the hassle of self-custody. BlackRock's spot Bitcoin ETF (IBIT) does the heavy lifting while UniCredit collects those sweet management fees.
Cynical take: Nothing says 'believer' like a bank that waited until Bitcoin hit $60k before offering access—through someone else's ETF. But hey, at least they're not calling it a 'scam' anymore.