Breaking news

BlackRock Debuts Bitcoin Exchange-Traded Product In Europe

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.

Uber CEO Redefines Corporate Innovation Through AI Empowerment

Uber’s Code-Driven Transformation

Uber CEO Dara Khosrowshahi says the company should be understood less as a ride-hailing platform and more as a large technology system built and maintained by engineers. Speaking on The Diary of a CEO podcast with Steven Bartlett, he described how software development remains central to Uber’s operations and long-term strategy.

Embracing AI As A Preparation Tool

Khosrowshahi explained that some internal teams use an AI tool informally referred to as “Dara AI” to simulate executive feedback during preparation meetings. The system allows teams to test presentations and refine arguments before final reviews. The approach reflects Uber’s broader focus on using AI to improve internal decision-making and workflow efficiency.

Engineering As The Architectural Backbone

According to Khosrowshahi, around 90% of Uber’s engineers are already using AI tools in their daily work, while roughly 30% are considered advanced users applying AI to redesign parts of the company’s infrastructure. The shift positions engineers not only as builders of existing systems but also as key drivers of future product and platform development.

Productivity Redefined

Khosrowshahi noted that AI adoption is significantly improving engineering productivity and accelerating development cycles. The company views these tools as a way to optimize processes rather than replace technical expertise.

Uber’s internal use of AI illustrates how large technology companies are integrating automation into core operations while reshaping how teams collaborate and ship products.

eCredo
Uol
The Future Forbes Realty Global Properties
Aretilaw firm

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter