随着我们的前进，欧洲犹豫了比特币

尽管美国正在做出大胆的举动将比特币整合到其财务战略中，但欧洲的机构仍然犹豫。

While the U.S. is making bold moves to integrate Bitcoin into its financial strategy, Europe's institutions remain hesitant, reports Bloomberg.

据彭博社报道，虽然美国正在大胆采取行动将比特币整合到其财务战略中，但欧洲的机构仍然犹豫。

Despite America's push to establish Bitcoin as part of its national reserves and President Trump's executive order directing authorities to use seized crypto for federal reserves, major financial players in Europe have shown little interest in following suit. More than three weeks after the order, no major European companies have announced plans to hold Bitcoin in their treasuries.

尽管美国推动将比特币建立为国家储备的一部分，而特朗普总统的行政命令指示当局将占领的加密货币用于联邦储备，但欧洲的主要金融参与者对以下诉讼没有兴趣。订单后三周以上，没有主要的欧洲公司宣布计划在国库中持有比特币。

This lack of involvement is surprising considering the interest in cryptocurrencies among Europeans, as evidenced by the popularity of crypto platforms like Bitpanda. A survey by the platform even suggests that financial institutions in the region may be underestimating investor demand by up to 30%.

考虑到欧洲人对加密货币的兴趣，这种缺乏参与令人惊讶，这是由Bitpanda等加密平台的受欢迎程度所证明的。该平台的一项调查甚至表明，该地区的金融机构可能低估了投资者需求高达30％。

A major factor hindering European institutions is the regulatory uncertainty. Unlike the U.S., where policymakers are shaping clear guidelines for Bitcoin's role, Europe's regulatory environment is fragmented, rendering institutional adoption more challenging.

阻碍欧洲机构的主要因素是监管不确定性。与美国不同的是，政策制定者正在塑造比特币角色的明确指南，欧洲的监管环境是分散的，使机构采用更具挑战性。

"A major reason why European corporations have yet to embrace Bitcoin as a reserve asset is the lack of direction from authorities on how to use it," said Elisenda Fabrega, co-founder of blockchain startup Brickken.

区块链初创公司Brickken的联合创始人Elisenda Fabrega表示：“欧洲公司尚未将比特币作为储备资产的主要原因是当局缺乏有关如何使用它的方向。”

While Bitcoin has consistently outperformed traditional investments and offers a hedge against inflation, European firms have been slow to acknowledge its potential. Only a handful of companies, including BNP Paribas, 21Shares AG, VanEck Europe, and Bitpanda, have disclosed any involvement in the crypto sector.

尽管比特币始终优于传统投资，并提供对冲通货膨胀的对冲，但欧洲公司的承认很慢。只有少数公司，包括法国巴黎银行，21Shares AG，​​Vaneck Europe和Bitpanda，都披露了对加密货币领域的任何参与。

Analysts at Bitfinex further note another obstacle—Europe's conservative investment culture. With strict mandates and pension funds focused on minimizing risk, Bitcoin allocations have remained minimal.

Bitfinex的分析师进一步指出了另一个障碍 - Europe的保守投资文化。由于严格的授权和养老基金的重点是最大程度地降低风险，比特币分配仍然很少。

In contrast, the U.S. has witnessed significant interest in Bitcoin ETFs, with products like the iShares Bitcoin Trust providing a convenient avenue for institutional investment. Additionally, America boasts a deeper and more liquid capital market, facilitating greater institutional involvement in cryptocurrencies.

相比之下，美国对比特币ETF产生了重大兴趣，诸如Ishares比特币信托等产品为机构投资提供了方便的途径。此外，美国拥有更深层次，更流动的资本市场，从而促进了加密货币的机构参与。

However, there are signs that sentiment could shift. BlackRock recently launched a Bitcoin exchange-traded product (ETP) in Europe, potentially paving the way for more institutional engagement.

但是，有一些迹象表明情绪可能会改变。贝莱德（Blackrock）最近在欧洲推出了一家比特币交易所交易产品（ETP），可能为更多的机构参与铺平了道路。

But for now, the region lags behind, with regulatory complexity and risk aversion slowing Bitcoin's integration into mainstream finance. In the U.S., the institutional adoption of Bitcoin is proceeding at a faster pace, but even there, the involvement of mega-cap companies is limited, despite President Trump's executive order. Nonetheless, the interest and activity in the crypto space are evident.

但是就目前而言，该地区落后于落后，监管复杂性和风险规避，将比特币纳入主流金融。在美国，比特币的机构采用速度正在以更快的速度进行，但是即使在那里，尽管特朗普总统的行政命令，但大型公司公司的参与还是有限的。尽管如此，加密货币空间的兴趣和活动是显而易见的。