EU Regulator Considers Approving Bitcoin for UCITS Products

on expanding eligible assets for Undertakings for Collective Investment in Transferable Securities . These mainstream retail investment products comprise over 75% of funds held by EU citizens.

If Bitcoin is approved for UCITS, it would enable Europe's first mainstream access, meaning that fund managers could allocate small portfolios to Bitcoin within the massive framework.approvals in the US and Hong Kong, which have signaled a warming global regulatory attitude globally. Still, obstacles remain regarding Bitcoin custody under existing EU regulations. Rules like the upcoming Markets in Crypto-Assets legislation may require coordination on asset segregation.Click the image to learn more.the impact could eclipse recent Bitcoin ETF launches. While those products are Bitcoin-focused, UCITS comprises diverse fund types with varying asset allocations.

So, approval wouldn't necessarily create standalone Bitcoin funds. But it would unlock the trillions in UCITS for modest Bitcoin exposure. This could significantly benefit liquidity while encouraging EU adoption. However, a long road remains before Bitcoin's inclusion given strict EU standards.

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