貝萊德在歐洲的比特幣ETP推出可能會加速採用

由於法規和積極的政策，包括建立聯邦比特幣儲備金，美國將獲得比特幣採用的領導。

The U.S. is gaining a lead in Bitcoin adoption due to clearer regulations and proactive policies, including establishing a federal Bitcoin reserve.

由於法規和積極的政策，包括建立聯邦比特幣儲備金，美國將獲得比特幣採用的領導。

Europe's Bitcoin adoption is lagging due to complex regulations and lower retail demand.

歐洲的比特幣採用由於法規的複雜而落後，零售需求降低。

BlackRock's recent Bitcoin ETP launch in Europe may accelerate adoption.

貝萊德（Blackrock）最近在歐洲發射的比特幣ETP推出可能會加速採用。

Recently, BlackRock, the world’s largest asset management firm, made a major move by launching a Bitcoin Exchange-Traded Product (ETP) in Europe. This has sparked intense discussions within the cryptocurrency community, especially about the slow adoption of Bitcoin in Europe.

最近，世界上最大的資產管理公司BlackRock通過在歐洲推出比特幣交易所交易產品（ETP）採取了重大行動。這引發了加密貨幣社區中的激烈討論，尤其是關於歐洲比特幣採用緩慢的討論。

As conversations unfold, many are questioning why Europe has been hesitant to embrace Bitcoin.

隨著對話的進行，許多人在質疑為什麼歐洲猶豫不決地擁抱比特幣。

What’s holding the region back, and how might BlackRock’s entrance into the market impact Europe’s crypto future?

是什麼阻礙了該地區，貝萊德進入市場的進入如何影響歐洲的加密未來？

U.S. Takes the Lead with Pro-Crypto Policies

我們通過親克萊普特政策領先

Bitcoin’s unique economic model gives early adopters a strong advantage, making it vital for countries to move quickly in adopting it. Since Donald Trump’s inauguration, the U.S. government has introduced several pro-crypto policies, with a particular focus on Bitcoin. One of the most significant actions was the creation of a federal Bitcoin reserve through an executive order.

比特幣獨特的經濟模式為早期採用者帶來了強大的優勢，這對於國家迅速採用它至關重要。自唐納德·特朗普就職典禮以來，美國政府介紹了幾項親克賴特托政策，特別關注比特幣。最重要的行動之一是通過行政命令創建聯邦比特幣儲備。

This initiative gives the U.S. a clear edge over other countries, especially Europe, in the global race for Bitcoin adoption. The critical question now is: What is stopping the European Union from doing the same?

在全球採用比特幣的競賽中，這項倡議使美國在其他國家（尤其是歐洲）方面具有清晰的優勢。現在關鍵的問題是：什麼阻止歐盟做同樣的事情？

A Federal Bitcoin Reserve in the Making?

正在製造聯邦比特幣儲備金？

Under Trump’s leadership, the U.S. has made significant efforts to clarify its crypto regulations, especially for Bitcoin. A key recent development was the establishment of a federal Bitcoin reserve on March 7. Currently, the reserve stores BTC seized during criminal investigations, but it’s expected to expand its role in the future.

在特朗普的領導下，美國已做出了巨大的努力來闡明其加密法規，尤其是對於比特幣。最近的一個關鍵發展是在3月7日建立了聯邦比特幣儲備。目前，BTC在刑事調查期間抓住了BTC，但預計它將擴大其未來的作用。

This strategic move shows the U.S.’s commitment to Bitcoin, providing the country with a clear advantage over Europe in the Bitcoin race.

這一戰略舉動表明了美國對比特幣的承諾，這使該國在比特幣競賽中具有明顯的優勢。

Why Is Institutional Bitcoin Adoption Slower in Europe?

為什麼歐洲的機構比特幣採用較慢？

Despite growing interest in Bitcoin, Europe has been slow to adopt the cryptocurrency. Experts, including Brickken General Counsel Elisenda Fabrega, point to Europe’s complicated and fragmented regulatory environment as a major reason for the delay. Fabrega notes that Europe has yet to establish a clear policy on Bitcoin as a reserve asset, creating uncertainty among potential investors.

儘管對比特幣的興趣越來越大，但歐洲採用加密貨幣的速度一直很慢。包括Brickken總法律顧問Elisenda Fabrega在內的專家指出，歐洲複雜而分散的監管環境是延誤的主要原因。法布雷加指出，歐洲尚未建立關於比特幣作為儲備資產的明確政策，從而在潛在的投資者中造成了不確定性。

Bitfinex analysts note: “Europe’s institutional landscape is more fragmented, with regulatory hurdles and conservative investment mandates limiting Bitcoin allocations.”

Bitfinex分析師注意到：“歐洲的機構格局更加分散，監管障礙和保守投資要求限制比特幣分配。”

A Tale of Two Continents

兩個大洲的故事

Europe’s struggle with Bitcoin adoption contrasts sharply with the situation in the U.S. Analysts from Bitfinex highlight how Europe’s institutional landscape is fragmented, with regulatory challenges and conservative investment rules holding back Bitcoin investments. As a result, the European market is adopting Bitcoin much more slowly, both at the institutional and retail levels.

歐洲與比特幣採用的鬥爭與Bitfinex的美國分析師的情況形成鮮明對比，這突出了歐洲的機構格局如何分散，監管挑戰和保守投資規則阻礙了比特幣投資。結果，在機構和零售水平上，歐洲市場採用比特幣要慢得多。

In contrast, the U.S. has embraced Bitcoin with open arms. The Bitcoin Spot ETF market, for example, has quickly gained momentum. Currently, the market cap for Bitcoin Spot ETFs sits at $92.83 billion, with a 24-hour trading volume of $1.58 billion.

相比之下，美國張開雙臂擁抱比特幣。例如，比特幣現場ETF市場已經迅速獲得動力。目前，比特幣現場ETF的市值為928.3億美元，交易量為15.8億美元。

This rapid adoption of Bitcoin-based financial products highlights the difference in approach between the U.S. and Europe.

基於比特幣的金融產品的這種快速採用凸顯了美國和歐洲之間的方法差異。

Which European Companies Have Adopted Bitcoin?

哪些歐洲公司採用了比特幣？

Despite the regulatory uncertainty, some European companies are taking the risk and entering the Bitcoin market. Firms such as French banking giant BNP Paribas, Swiss-based 21Shares AG, VanEck Europe, Malta’s Jacobi Asset Management, and Austrian fintech company Bitpanda are boldly stepping into the space, despite Europe’s unclear crypto regulations.

儘管有監管不確定性，但一些歐洲公司仍在冒險並進入比特幣市場。儘管歐洲不清楚的加密法規，儘管法國銀行業巨頭巴黎銀行，總部位於瑞士的21shares AG，​​Vaneck Europ，Malta的雅各比資產管理和奧地利金融科技公司Bitpanda等公司仍在大膽地進入該領域。

Their move shows strong belief in Bitcoin’s potential, even in the face of uncertainty.

即使面對不確定性，他們的舉動也表現出對比特幣潛力的強烈信念。

BlackRock’s Bitcoin ETP: A New Chapter for Europe

貝萊德的比特幣ETP：歐洲的新篇章

BlackRock’s launch of a Bitcoin ETP on March 25 marks a pivotal moment for Europe’s cryptocurrency market. As the first major U.S. asset manager to introduce such a product in Europe, BlackRock’s entry could change the way the region views and adopts digital assets.

貝萊德（Blackrock）於3月25日推出了比特幣ETP，這是歐洲加密貨幣市場的關鍵時刻。作為美國第一位在歐洲引入這種產品的主要資產經理，貝萊德（BlackRock）的參賽作品可能會改變該地區的觀點和採用數字資產的方式。

Given BlackRock’s influence, its move could draw more institutional interest and help accelerate the growth of Bitcoin adoption across Europe.

鑑於貝萊德的影響力，其舉動可能會引起更多的機構利益，並有助於加快整個歐洲比特幣採用的增長。

BlackRock’s Bitcoin ETP could be the spark that Europe needs to catch up in the global crypto race. All eyes are on this!

貝萊德的比特幣ETP可能是歐洲在全球加密競賽中需要趕上的火花。所有人的目光都在這裡！