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Van Eck: Despite European cryptocurrency ETP size reaching 2 billion euros, institutional investor participation remains low

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2024-10-20 10:31:27
Jan van Eck, CEO of VanEck, said in an interview that the current size of Van Eck's cryptocurrency ETP in Europe has reached 2 billion euros, but a large part of it comes from individual investors, institutional investors are less involved, and wealth management companies have not made allocations, and they have not even started to act. In addition, Jan van Eck also said that few private banks have actually approved investing in Bitcoin or Ethereum, and there are no other major moves in crypto assets. Van Eck revealed that at this stage, the company has 12 token-based products for trading in the European market.
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