Coinbase News: BlackRock Launches Bitcoin ETP in Europe; TruBit and Morpho Introduce Earn+ for Passive DeFi Income

In a move that underscores the growing institutional adoption of Bitcoin, global asset manager BlackRock has introduced its iShares bitcoin exchange Traded Product (ETP) in Europe. Additionally, TruBit and Morpho have launched a new platform for passive income generation in the decentralized finance (DeFi) space.

BlackRock Introduces IShares Bitcoin ETP In Europe

BlackRock, the largest asset manager in the world, has launched its Bitcoin ETP in Europe, aiming to capture the growing interest of European investors in the flagship crypto. The product, backed by BTC held by Coinbase Custody International, ensures maximum security. In the United States, the ETP has already amassed $50.69 billion in assets under management and $39.8 billion in net inflows.

TruBit and Morpho Launch Earn+ for Passive DeFi Income in Latin America

TruBit, a Latin America-focused crypto trading and payments platform, has announced the launch of Earn+ powered by Morpho. Earn+ offers high-yield decentralized finance lending opportunities to users across Latin America, aiming to democratize access to passive income tools by combining centralized finance usability with decentralized finance yield optimization. Morpho, the second-largest decentralized lending protocol with over $5 billion in deposits, has been trusted by major players like Coinbase. By embedding Morpho into the TruBit Wallet and TruBit Pro Exchange, users have access to institutional-grade yield strategies without needing to interact directly with DeFi.