BlackRock eyes Australia as next Bitcoin ETF frontier – Details inside!

Key Takeaways

What is BlackRock’s latest move in the crypto space? 

BlackRock is launching the iShares Bitcoin ETF on Australia’s ASX by mid-November 2025.

What makes BlackRock’s expansion in Australia stand out? 

It includes both a Bitcoin ETF and a global bond ETF, showcasing a diversified investment strategy.

BlackRock is once again making headlines in the crypto space. 

This time, the firm is set to expand its digital asset footprint by launching the iShares Bitcoin ETF on the Australian Securities Exchange (ASX) by mid-November 2025.

With this move, Australia emerges as the next key frontier in BlackRock’s global crypto strategy, and one of the fastest-growing Bitcoin ETF markets outside the United States.

Details of the ASX-listed ETF

That said, the upcoming ETF, which carries a 0.39% management fee, will mirror the U.S.-listed iShares Bitcoin Trust.

This move would allow Australian investors to gain regulated exposure to Bitcoin without directly holding or managing the digital asset.

BlackRock emphasized that its upcoming ETF is designed to provide investors with a cost-efficient and seamless way to access the cryptocurrency market. Importantly, it allows participation through traditional financial channels without the need to directly hold or manage Bitcoin.

Furthermore, by entering Australia’s competitive Bitcoin ETF space, BlackRock joins established issuers such as Global X 21Shares (EBTC), VanEck (VBTC), Monochrome (IBTC), and DigitalX (BTXX).

This strategic move is expected to enhance institutional participation and improve liquidity across the region’s growing crypto sector.

Why is BlackRock’s expansion in Australia unique?

For more perspective, BlackRock’s expansion in Australia extends beyond Bitcoin.

This is because the firm will also launch the iShares Core Global Aggregate Bond (AUD Hedged) ETF (AGGG) in early November. This will offer a diversified exposure to investment-grade global bonds at a low 0.18% annual fee.

All this highlights how, with time and tide, the institutional demand for Bitcoin is accelerating.

Needless to say, for BlackRock, ETFs remain a major growth driver as its iShares division saw U.S.$153 billion in inflows last quarter, fueling total net inflows of US$205 billion.

The firm also posted a 25% rise in revenue and 23% growth in operating income year-on-year, reflecting strong diversification and investor trust. 

BlackRock’s IBIT strong dynamics

In fact, despite current short-term outflows, BlackRock’s iShares Bitcoin Trust (IBIT) remains strong, with a NAV of $59.04 and a 6.91% year-to-date return.

Meanwhile, iShares ETFs have surpassed $50 billion in assets under management (AUM).

Additionally, BlackRock’s (BLK) shares are also up 5.52% this year, trading at $1,073.57 and carrying a Zacks Rank 3 rating.

All this shows that BlackRock’s IBIT has firmly cemented its dominance, driving both ETF inflows and options market sentiment.