UniCredit is introducing a new structured investment linked to BlackRock’s iShares Bitcoin Trust ETF, offering professional clients exposure to Bitcoin with full downside protection.
The five-year, dollar-based certificate guarantees 100% capital return at maturity, with upside gains capped at 85% of the ETF’s performance, according to internal documents confirmed by the bank.
Available in Italy from July 1 to July 28, the product requires a minimum investment of $25,000 and is targeted at institutional investors seeking crypto exposure without risking principal.
“This is the first solution of its kind in Italy,” said Chicco di Stasi, head of investment products at UniCredit, highlighting growing demand for crypto-linked instruments with a risk-managed structure.
The offering builds on the momentum of BlackRock’s IBIT, one of the most successful US Bitcoin ETFs, now managing $75 billion in assets. As Bitcoin gains over 14% this year, major European banks are accelerating their digital asset strategies. Intesa Sanpaolo has already entered the Bitcoin market, while Banco Santander is exploring stablecoins and crypto services for retail clients.
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Alexander Stefanov
Reporter at Coindoo
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Source: https://coindoo.com/unicredit-offers-safe-bitcoin-investment-tied-to-blackrock-etf/