The launch of euro-denominated bitcoin and ether futures contracts could accelerate the ongoing institutionalization of the crypto market since the euro, the common currency of 19 out of the 27 member states of the European Union, is the second-most sought-after currency in global currency reserves, according to the World Economic Forum. Further, daily turnover in the euro-dollar pair is the highest in the global currency market, which has an average daily volume of $6.6 trillion.
Related posts
-
Ether (ETH) Spot Exchange-Traded Funds (ETFs) to Attract $15B of Net Inflows in First 18 Months: Bitwise
“Some investors may have bought a bitcoin ETP and stopped there, thinking their crypto exposure was... -
Decoding The Bitcoin Rainbow Chart’s $250,000 Prediction
Bitcoin, the undisputed king of cryptocurrencies, faces a challenge as it approaches a critical moment. After... -
Strike Expands Bitcoin and Lightning Services to the UK
Strike has announced its expansion into the United Kingdom. This move allows individuals and businesses in...