BlackRock在歐洲推出了比特幣ETP，以機構投資者的新市場為目標

雖然在歐洲發射是比特幣主流採用的積極一步

As the U.S. gallops ahead in its institutional-led Bitcoin ETF frenzy, Europe is taking a more measured step with the launch of BlackRock’s (NYSE:BLK) Bitcoin (BTC) exchange-traded product (ETP). While the launch is seen as a positive milestone for Bitcoin’s adoption, analysts at Bitfinex noted that the U.S. Bitcoin ETFs benefitted from deep institutional demand and strong retail investor participation, which isn’t yet fully present in Europe.

隨著美國在其機構領導的比特幣ETF Frenzy奔跑時，歐洲正在採取更加衡量的一步，隨著BlackRock（NYSE：BLK）比特幣（BTC）交換產品（ETP）的推出。儘管該發布被視為比特幣採用的積極里程碑，但Bitfinex的分析師指出，美國比特幣ETF受益於深厚的機構需求和強大的零售投資者參與，歐洲尚未完全存在。

“Despite this, we believe that BlackRock’s entry into the European market is an important development. It could encourage other institutions to consider Bitcoin investment products as the market in Europe may take time to grow,” Bitfinex analysts stated.

Bitfinex分析師說：“儘管如此，我們認為貝萊德進入歐洲市場是一個重要的發展。它可以鼓勵其他機構考慮比特幣投資產品，因為歐洲的市場可能需要時間來發展。”

Highlighting the smaller early-stage inflows into the BlackRock Bitcoin ETP on the Deutsche Boerse AG (ETR:XETR) exchange, analyst Iliya Kalchev at Nexo cautioned against viewing them as a failure.

在Deutsche Boerse AG（ETR：Xetr）交換上突出了較小的早期階段流入黑石比特幣ETP，Nexo的分析師Iliya Kalchev警告不要將其視為失敗。

“The smaller initial interest can be attributed to structural market differences. Long-term success will depend more on factors like the build-out of efficient Bitcoin (BTC) infrastructure, financial literacy programs, and sustained regulatory clarity.”

“較小的初始興趣可以歸因於結構性市場的差異。長期成功將更多地取決於諸如有效的比特幣（BTC）基礎設施，金融素養計劃和持續的監管清晰度之類的因素。”

He added that BlackRock’s renowned reputation will help build momentum and interest in the European market.

他補充說，貝萊德（Blackrock）著名的聲譽將有助於在歐洲市場上建立動力和興趣。

“It is still early days for Bitcoin in Europe, and we anticipate the market to heat up further in the coming months and years.”

“在歐洲，比特幣仍然是早期的日子，我們預計市場將在未來幾個月和幾年內進一步升溫。”

Earlier this year, reports surfaced that BlackRock had applied to the U.S. Securities and Exchange Commission (SEC) to launch a spot Bitcoin ETF, joining a queue of other major market players.

今年早些時候，有報導稱，貝萊德（Blackrock）已向美國證券交易委員會（SEC）（SEC）申請了一份比特幣ETF，加入了其他主要市場參與者的隊列。

As the regulatory environment around cryptocurrencies becomes more favorable in Europe, analysts anticipate a surge in institutional participation, especially with the emergence of clearer regulations.

隨著加密貨幣周圍的監管環境在歐洲變得更加有利，分析師預計機構參與會激增，尤其是隨著法規的出現。

In the U.S., the market has seen a remarkable pace of development, with Bitcoin ETFs accumulating over $126 billion in total. However, European Bitcoin ETFs are expected to grow at a slower rate.

在美國，市場的發展速度顯著，比特幣ETF總共累積了超過1,260億美元。但是，預計歐洲比特幣ETF將以較慢的速度增長。

As BlackRock’s Bitcoin ETP continues its journey on the European market, its future success will hinge on its ability to adapt to the market’s distinct characteristics and the infrastructure that supports it. Despite the unique challenges, analysts remain optimistic about the long-term prospects of Bitcoin’s adoption in Europe.

隨著貝萊德（Blackrock）的比特幣ETP繼續在歐洲市場上的旅程，其未來成功將取決於其適應市場的獨特特徵和支持它的基礎設施的能力。儘管面臨著獨特的挑戰，但分析師仍然對比特幣在歐洲採用的長期前景保持樂觀。