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Europe May Not Get U.S.-Style Spot Bitcoin ETF

From etf.com

A painstaking decade of rejections may have concluded with 11 spot bitcoin ETFs being approved in the U.S.; however, crypto assets are unlikely to find a home in European ETFs despite the continent’s leading role in wrapping digital assets. According to data from ETFbook, around $9 billion is currently housed within crypto exchange-traded products (ETPs) in Europe, with a good portion of asset gathering and returns over the past year driven by news flow surrounding the anticipated approval of ETFs is the U.S. Crucially, though, these products are structured as exchange-traded notes (ETNs) debt instruments and are not ... (full story)

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  • Category: Fundamental Analysis