European investors cannot invest in US BTC spot ETF

"EU (European Union) investors will not be able to invest in a BTC spot ETF, even if it is approved in the U.S. Instead, there are Bitcoin ETP/ETC products in Europe," said Patrick Hansen, head of EU regulation at USDC Issuer Circle. However, even the largest fund size is only €1 billion. In addition, the average management fee for the top 10 ETPs/ETNs is 1.047%, while the average fee for the top 10 US BTC spot ETFs is less than half that. Also, ETP/ETN investors may lose their investment if the issuer or investment company goes bankrupt, but your ETF investment is protected.In short, it took several years for ETFs to be approved in the United States, but once approved, American investors can enjoy bitcoin securities products much more safely than European investors. "You'll be able to invest," he said.