The European Union's securities watchdog is currently evaluating the potential inclusion of cryptocurrencies, including Bitcoin, into its investment products under the UCITS framework, which encompasses a market worth approximately €12 trillion. This initiative, aimed at broadening the accessibility of cryptocurrencies, is being considered as the EU seeks opinions from stakeholders on this significant move. UCITS are noted to be almost twice as large as US ETFs. Additionally, Bitcoin ETFs have already attracted over $50 billion in the USA. Concurrently, global interest in cryptocurrency-based investment products is rising, as evidenced by actions in other regions such as South Korea and Australia moving towards approving Bitcoin ETFs, and significant institutions like BlackRock, Morgan Stanley, and BNP Paribas engaging with Bitcoin ETFs.
JUST IN: 🇪🇺 European markets regulator considers adding #Bitcoin to the list of approved assets that can be included in the $12 TRILLION market for UCITS. - UCITS are ~2x bigger addressable market than US ETFs. - Bitcoin ETFs have attracted +$50 BILLION in the USA so far. 😱 https://t.co/owL3qlv75k
BREAKING: 🇪🇺 European regulator considers allowing #Bitcoin exposure to be added to $12 TRILLION market for UCITS. ‼️UCITS are almost 2x bigger than US ETFs! 😱 https://t.co/uyY6eYWzzP
BREAKING 🚨 The EU’s securities watchdog is asking stakeholders whether it should include crypto assets into investment products. $BTC - The mutual fund framework UCITS is worth €12 trillion. - The inclusion could be a game changer for crypto, experts say. https://t.co/ETsjAcuKEv
JUST IN: 🇪🇺 EU Securities Authority is exploring adding #Bitcoin and Crypto exposure to the €12T investment market. EU is gearing up 🙌 https://t.co/kVYZrrEFCx
📣 Latest News: EU seeks stakeholder opinion on adding crypto to 12T euro investment market #news #cryptonews #crypto
The EU’s securities watchdog is asking stakeholders whether it should include crypto assets into investment products. The move opens the door to broader access to cryptocurrencies via UCITS, a €12 trillion market. DLNEWS https://t.co/FrH1os32wc
EU mulls adding crypto in €12tn investment market bigger than Bitcoin ETFs https://t.co/ueqO37mYDy
BlackRock is shilling their #Bitcoin ETF to pension funds Morgan Stanley is about to get #Bitcoin exposure for its funds Europe’s second largest bank BNP Paribas bought a #Bitcoin ETF Argentina is about to mine $BTC South Korea and Australia are about to approve #BTC ETFs…