Interesting development in the world of cryptocurrency as BlackRock’s iShares Bitcoin ETP has launched on the London Stock Exchange. The implications are huge and seem to open doors for a wider range of investors to access Bitcoin directly through regulated accounts, raising a few questions about the future of crypto adoption in the UK.

But is it a straightforward win?

What did BlackRock’s launch mean for the crypto landscape?

In my opinion, this marks a pivotal moment for cryptocurrency as it goes mainstream. In the U.S., we have seen how the approval of spot Bitcoin ETFs (exchange-traded funds) by the SEC attracted a flood of investments in Bitcoin from various quarters. The similar path here should lead to heightened institutional…