BlackRock (BLK), the global asset manager behind the largest U.S. spot bitcoin (BTC) exchange-traded fund (ETF), is set to list a bitcoin exchange-traded product (ETP) in Europe, its first crypto ETP outside North America.

The iShares Bitcoin ETP will trade on Xetra and Euronext in Paris under the ticker IB1T and on Euronext Amsterdam as BTCN on Tuesday, according listing details on iShares’ website.

BlackRock’s iShares BItcoin Trust ETF (IBIT) is by far the largest of the 12 spot bitcoin ETFs listed in the U.S., with net assets worth over $50 billion and cumulative net inflows of just under $40 billion, according to data tracked by SoSoValue.

Coinbase (COIN), which provides custody for IBIT, will do the same for the European product.

The fee for the European ETP is temporarily reduced by 10 basis points to 0.15% until the end of 2025.

The ETP’s introduction was reported earlier by Bloomberg.