Europe’s First Bitcoin Futures Product to Launch on Eurex

Despite all the manic propulsion of price values of various cryptocurrencies, going up and down in a matter of days, bitcoin adoption is making positive progress. People and businesses are more than interested in indulging in bitcoin trading, withholding, and, most importantly, trying out various products that the cryptocurrency industry offers. As for Europe, the bitcoin futures product project is live, and the first one is scheduled to be listed on Eurex.

US is still having a hard time figuring out a stagnant plan that will allow them to launch the first Bitcoin ETF, a little slow for the competition, right? But as for Europe and many other nations of the world, the competition is already boosted. They are now into Bitcoin futures product, and Europe will launch its first with the help of Eurex, a digital asset protruding and securities. Eurex is also Europe’s biggest derivatives exchange and will be listing the first bitcoin-oriented ETN (exchange-traded note). This is likely to take place on 13th September.

Europe is Clearly Ahead of US in Crypto’s ETF Space

When this thing goes live, investors will be able to access the world’s first exchange-traded product on the Eurex, likely going with the BTCE as a symbol of representation. This is a big step for Europe, and this tells us something about the inability of the US to come to terms with their first Bitcoin-oriented ETF; it is as if the US is extremely reluctant to propel in that direction for reasons unknown.

Many people are not so interested or intrigued by actual Bitcoin trading, mining or withholding, and they need something more permanent, something that is being strongly backed up by validating authorities and the stock market. That is why this very move will allow more series investors to participate in the trade and hedge bitcoin. This single move has put Europe way ahead of the US in terms of understanding the capability of decentralized finance and taking crucial steps to launch the first exchange-traded futures product for bitcoin, wondering when the US will be doing the same.

Leave a Reply

Your email address will not be published.

Related Removes Cryptocurrencies from Earn Program

The current turmoil in the cryptocurrency market has forced a number of companies in the space to shift their strategy and come up with new approaches that can help them pull through the downtrend. is also doing the same as it announced that they are making changes to their rewards program called Crypto Earn. […]

A Particular Even May Help Recover Shiba Inu’s Price

The trading price of Shiba Inu (SHIB) experienced a gigantic plunge that was triggered due to the recent bloodbath of cryptocurrency. SHIB Bleeds Badly As the cryptocurrency industry suffered a bloodbath, the trading price of Shiba Inu experienced an even worse situation. SHIB’s trading price reportedly suffered double-digit losses. Despite suffering huge losses, the analysts […]

Price of Bitcoin Suffered another Dip Due to Cypherpunk Holdings

The price of Bitcoin (BTC) ended up experiencing a dip and it came down to $20,200. Bitcoin’s price dipped due to a strong selling that was nothing less than a bloodbath. A great sell-off activity was recorded for Bitcoin that was triggered by multiple institutions. Even the investment firms ended up selling Bitcoin on a […]

Stocks Slip and Yields Ease in Light of Powell’s Comments

On Wednesday, global indexes saw stocks edge lower for the most part, while Treasury yields eased, as investors were taking in the comments of Jerome Powell, the Chairman of the US Federal Reserve. He said that while there was certainly a risk of the economy slowing down too much because of aggressive hikes in interest […]

Asia-Pacific Stocks Gain with Investors Weighing Economic Concerns

On Tuesday, shares in the Asia-Pacific region climbed higher, as investors were weighing the economic concerns. Most indexes record gains The Hang Seng index in Hong Kong had been trading at a loss but rose 0.7% in the last hour of trading. There was also a 0.73% gain in the Hang Seng Tech index. On […]