贝莱德在欧洲的比特币ETP推出可能会加速采用

由于法规和积极的政策，包括建立联邦比特币储备金，美国将获得比特币采用的领导。

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

由于法规和积极的政策，包括建立联邦比特币储备金，美国将获得比特币采用的领导。

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

欧洲的比特币采用由于法规的复杂而落后，零售需求降低。

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

贝莱德（Blackrock）最近在欧洲发射的比特币ETP推出可能会加速采用。

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，世界上最大的资产管理公司BlackRock通过在欧洲推出比特币交易所交易产品（ETP）采取了重大行动。这引发了加密货币社区中的激烈讨论，尤其是关于欧洲比特币采用缓慢的讨论。

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

随着对话的进行，许多人在质疑为什么欧洲犹豫不决地拥抱比特币。

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

是什么阻碍了该地区，贝莱德进入市场的进入如何影响欧洲的加密未来？

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

我们通过亲克莱普特政策领先

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.

比特币独特的经济模式为早期采用者带来了强大的优势，这对于国家迅速采用它至关重要。自唐纳德·特朗普就职典礼以来，美国政府介绍了几项亲克赖特托政策，特别关注比特币。最重要的行动之一是通过行政命令创建联邦比特币储备。

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?

在全球采用比特币的竞赛中，这项倡议使美国在其他国家（尤其是欧洲）方面具有清晰的优势。现在关键的问题是：什么阻止欧盟做同样的事情？

A Federal Bitcoin Reserve in the Making?

正在制造联邦比特币储备金？

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.

在特朗普的领导下，美国已做出了巨大的努力来阐明其加密法规，尤其是对于比特币。最近的一个关键发展是在3月7日建立了联邦比特币储备。目前，BTC在刑事调查期间抓住了BTC，但预计它将扩大其未来的作用。

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

这一战略举动表明了美国对比特币的承诺，这使该国在比特币竞赛中具有明显的优势。

Why Is Institutional Bitcoin Adoption Slower in Europe?

为什么欧洲的机构比特币采用较慢？

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.

尽管对比特币的兴趣越来越大，但欧洲采用加密货币的速度一直很慢。包括Brickken总法律顾问Elisenda Fabrega在内的专家指出，欧洲复杂而分散的监管环境是延误的主要原因。法布雷加指出，欧洲尚未建立关于比特币作为储备资产的明确政策，从而在潜在的投资者中造成了不确定性。

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

Bitfinex分析师注意到：“欧洲的机构格局更加分散，监管障碍和保守投资要求限制比特币分配。”

A Tale of Two Continents

两个大洲的故事

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.

欧洲与比特币采用的斗争与Bitfinex的美国分析师的情况形成鲜明对比，这突出了欧洲的机构格局如何分散，监管挑战和保守投资规则阻碍了比特币投资。结果，在机构和零售水平上，欧洲市场采用比特币要慢得多。

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，美国张开双臂拥抱比特币。例如，比特币现场ETF市场已经迅速获得动力。目前，比特币现场ETF的市值为928.3亿美元，交易量为15.8亿美元。

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

基于比特币的金融产品的这种快速采用凸显了美国和欧洲之间的方法差异。

Which European Companies Have Adopted Bitcoin?

哪些欧洲公司采用了比特币？

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.

尽管有监管不确定性，但一些欧洲公司仍在冒险并进入比特币市场。尽管欧洲不清楚的加密法规，尽管法国银行业巨头巴黎银行，总部位于瑞士的21shares AG，​​Vaneck Europ，Malta的雅各比资产管理和奥地利金融科技公司Bitpanda等公司仍在大胆地进入该领域。

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

即使面对不确定性，他们的举动也表现出对比特币潜力的强烈信念。

BlackRock’s Bitcoin ETP: A New Chapter for Europe

贝莱德的比特币ETP：欧洲的新篇章

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.

贝莱德（Blackrock）于3月25日推出了比特币ETP，这是欧洲加密货币市场的关键时刻。作为美国第一位在欧洲引入这种产品的主要资产经理，贝莱德（BlackRock）的参赛作品可能会改变该地区的观点和采用数字资产的方式。

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

鉴于贝莱德的影响力，其举动可能会引起更多的机构利益，并有助于加快整个欧洲比特币采用的增长。

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

贝莱德的比特币ETP可能是欧洲在全球加密竞赛中需要赶上的火花。所有人的目光都在这里！