BlackRock在欧洲推出了比特币ETP，以机构投资者的新市场为目标

虽然在欧洲发射是比特币主流采用的积极一步

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.

随着美国在其机构领导的比特币ETF Frenzy奔跑时，欧洲正在采取更加衡量的一步，随着BlackRock（NYSE：BLK）比特币（BTC）交换产品（ETP）的推出。尽管该发布被视为比特币采用的积极里程碑，但Bitfinex的分析师指出，美国比特币ETF受益于深厚的机构需求和强大的零售投资者参与，欧洲尚未完全存在。

“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分析师说：“尽管如此，我们认为贝莱德进入欧洲市场是一个重要的发展。它可以鼓励其他机构考虑比特币投资产品，因为欧洲的市场可能需要时间来发展。”

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）交换上突出了较小的早期阶段流入黑石比特币ETP，Nexo的分析师Iliya Kalchev警告不要将其视为失败。

“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.”

“较小的初始兴趣可以归因于结构性市场的差异。长期成功将更多地取决于诸如有效的比特币（BTC）基础设施，金融素养计划和持续的监管清晰度之类的因素。”

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

他补充说，贝莱德（Blackrock）著名的声誉将有助于在欧洲市场上建立动力和兴趣。

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

“在欧洲，比特币仍然是早期的日子，我们预计市场将在未来几个月和几年内进一步升温。”

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.

今年早些时候，有报道称，贝莱德（Blackrock）已向美国证券交易委员会（SEC）（SEC）申请了一份比特币ETF，加入了其他主要市场参与者的队列。

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.

随着加密货币周围的监管环境在欧洲变得更加有利，分析师预计机构参与会激增，尤其是随着法规的出现。

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.

在美国，市场的发展速度显着，比特币ETF总共累积了超过1,260亿美元。但是，预计欧洲比特币ETF将以较慢的速度增长。

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.

随着贝莱德（Blackrock）的比特币ETP继续在欧洲市场上的旅程，其未来成功将取决于其适应市场的独特特征和支持它的基础设施的能力。尽管面临着独特的挑战，但分析师仍然对比特币在欧洲采用的长期前景保持乐观。