BlackRock Debuts Bitcoin Exchange-Traded Product In Europe

by News Editor

March 25, 2025

Just moments ago, BlackRock, the world’s largest asset manager, launched its groundbreaking Bitcoin Exchange-Traded Product (ETP) in Europe. As investor interest in cryptocurrencies surges, this move represents a strategic expansion for BlackRock, tapping into the vibrant European market.

Key Details

Named iShares Bitcoin ETP, the product is Switzerland-based and trades on major platforms like Paris, Amsterdam, and Frankfurt.
Following significant success in the U.S., with over $50 billion in investments, this launch aims to capture a similar interest from Europe.
The Bitcoin custodial services are managed by Coinbase, while Bank of New York Mellon acts as the administrator.

Strategic Context

With over $4.4 trillion in assets under management through exchange-traded funds, BlackRock reinforces its position as a frontrunner in adapting to the evolving financial landscape. CEO Larry Fink, at the recent World Economic Forum, praised Bitcoin as a solid hedge against currency devaluation. This product is a response to the burgeoning European demand for regulated financial instruments providing exposure to Bitcoin.

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Alshaya Group Secures Exclusive Starbucks Operating Rights In Greece And Cyprus

by THEFUTURE.TEAM

April 9, 2026

Alshaya Group has acquired the operating rights for 48 Starbucks stores in Greece and Cyprus, transferring management from the Marinopoulos family after a 24-year partnership. The deal expands Alshaya’s presence as a licensed operator of the brand in the region.

Strategic Expansion And Market Consolidation

Under this new arrangement, Alshaya will oversee 30 stores in Greece through its newly established entity, Alshaya Hellas SMSA, and 18 outlets in Cyprus under Murgab Cyprus Ltd. Employing approximately 500 individuals across both markets, the transition is expected to enhance operational efficiencies and accelerate growth within the region.

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Leadership Transition And Continued Partnerships

A 24-year partnership with the Marinopoulos family concludes with this transaction, marking the end of Starbucks’ initial expansion phase in both markets. Yiannis Marinopoulos, former chief executive, is expected to return to the family business. Starbucks said it will continue working with Alshaya as its regional licensed partner.

Vision For A Dynamic Future

Saleh Alshaya, President of Starbucks at Alshaya Group, said the company plans to expand its store network and product offering in Greece and Cyprus. Plans include integration of new teams and continued development of the brand’s presence across both markets.

Regional And Global Business Significance

Duncan Moir, President of Starbucks EMEA, said Alshaya will continue expanding the brand’s presence in the region as its largest licensed partner. He referred to the company’s existing operations and scale across international markets.

Alshaya opened its first Starbucks store in Kuwait in 1999 and now operates more than 2,000 locations across 13 countries, serving over one million customers daily. The addition of Greece and Cyprus extends its footprint in Europe.

Jacqueline Delpippo, Business Manager for Starbucks Greece and Cyprus at Alshaya Group, will oversee the transition process. The company said operations will continue without disruption during the handover.

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