European investors are still warming to to the idea cryptocurrency-related investment products while U.S. institutions continue to drive capital into nascent spot Bitcoin ETFs.
The launch of spot Bitcoin exchange-traded funds in the United States is having a knock-on effect in Europe, but investors on the continent remain cautious of investing in the cryptocurrency space.
VanEck Europe CEO Martijn Rozemuller spoke exclusively to Cointelegraph about the rising wave of institutional investor interest in Bitcoin ETFs in the U.S., painting a contrasting picture of the European landscape.
“U.S. investors are more willing to take educated risks. They’re also more used to trading on exchanges than some European investors that are still stuck in mutual funds that their bank or fund manager once advised,” Rozemuller said.
