Friday, September 29, 2023

Europe’s first bitcoin futures product to be launched on Eurex.

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Despite the U.S’s sluggish behaviour for approval of ETF( crypto products), Europe
takes a lead with the ETC group is launching its first bitcoin futures product.

Europe is going to launch its first bitcoin futures through ETP( crypto exchange trade
product) on September 13 th , 2021. It will be based on the BTCE product that was launched on Deutsche Borse XETRA last year. Later the product will be spread over
other European exchanges too.

These new bitcoin futures will be traded in Euro and delivered through BTCE that will
be fully backed by Bitcoin. It gives the full freedom of redemption anytime in BTC for the safety of future investors.
The new futures product will give a safe and trackable environment to check the bitcoin price developments. The Bitcoin ETN futures are centrally cleared as other
derivative products traded on Eurex.

Europe is advanced to the United States in Bitcoin future launch:- Currently, U.S regulatory bodies are not approving crypto launches, even the
securities and exchange commission of the United States are not in favour of approving the BTC ETF application.

On the other hand, European regularity bodies warmly welcome crypto products and are soon going to launch their first bitcoin futures product. Europe accepts the demand of investors and shareholders and giving them a safe environment to deal with crypto future products.

This initiative gives a hopeful future for crypto investors and now European laws also accept crypto and giving a flexible environment to crypto products, more than ever.
This milestone change is considered after increasing local demand for crypto investment products. As you can experience the wide acceptance of crypto the
tremendous growth of the ETC group. The ETC group is leading the game as the world’s largest traded crypto ETPs operated by many investing companies.

#indiawantscrypto #Europe #Wazirxwarriors #BITCOIN

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