BlackRock launches its first Bitcoin fund in Europe, the "IB1T". Can it replicate the success of the US BTC ETF miracle?
原文标题:《贝莱德在欧洲推出首支比特币基金「IB1T」,能复制美国 BTC ETF 奇迹吗?》
原文作者:Editor Jr.,动区动趋 BlockTempo
全球最大资产管理公司贝莱德(BlackRock)在美国比特币现货 ETF 市场取得巨大成功后,于昨日(25 日)正式将比特币 ETP(交易所交易产品)推向欧洲,旨在为投资者提供更低成本的投资选择。
iShares 比特币 ETP 在欧洲多家交易所上市
据《BeInCrypto》报道,贝莱德比特币基金 iShares Bitcoin ETP 现已正式登陆德国 Xetra 交易所和法国巴黎泛欧证券交易所(Euronext Paris),交易代码为 IB1T。同时,另一版本 BTCN 也在阿姆斯特丹 Euronext 成功上市。
为吸引早期投资者,贝莱德推出限时零手续费优惠,将 ETP 费率降至 0.15%(美国类似产品手续费为 0.25%),该优惠将持续至今年年底。这使得该产品成为欧洲市场上最具成本效益的比特币 ETP 之一,预计将吸引寻求低成本投资数字资产的散户和机构投资者。

图源:贝莱德官网
彭博分析师:贝莱德或推动欧洲市场增长
众所周知,欧洲是加密货币 ETP 的先驱,拥有超过 160 种数字资产追踪产品,但与美国相比,其整体市场规模仍然较小。彭博 ETF 分析师 Eric Balchunas 今年 2 月曾指出,美国现货比特币 ETF 虽然推出仅一年,但已占全球市场总资产的约 91%,处于绝对主导地位。


不过,他补充称,尽管欧洲在流动性和成本效益方面一直难以与美国竞争,但贝莱德进入欧洲市场可能带来显著推动作用,特别是如果能复制美国市场的成功经验,包括成本效益和交易量的提升。
然而,并非所有人都对这一前景感到乐观。Finbold 主编 Vini Barbosa 指出:
> 贝莱德今天在欧洲推出比特币 ETP。
> 如果比特币有足够的自然需求,我不会在意。但目前比特币的需求主要由期货合约和 ETF/ETP 等中心化衍生品所主导,而贝莱德正是其中的关键角色。
> 链上交易量处于显著低水平,而基于投机的衍生品交易量却持续增长。这对比特币来说并不利好,可悲的是,大多数比特币支持者看不到这一点。

MiCA 法案助力欧洲加密市场前景?
众所周知,欧洲为加密货币市场制定了一套全面的监管框架——《加密资产市场监管法案》(MiCA)。此次贝莱德能够在欧洲推出首款比特币 ETP,正是符合 MiCA 法案监管要求的结果。
有专家认为,欧洲金融监管机构的积极态度将为未来的加密货币产品发行及交易创造更多有利条件,有助于市场长期发展。贝莱德的 ETP 可能成为欧洲市场起飞的新起点。
机构投资者的加速入场,以及欧洲加密资产法规环境的逐步完善,都将成为 BTC 未来增长的重要推动力。
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