A bitcoin spot ETF could open the floodgates for wider crypto demand

The launch of Europe's first bitcoin spot exchange traded fund (ETF) and the progress of integrating crypto assets in traditional financial instruments in Europe.

Key points:

1. Jacobi Asset Management's bitcoin spot ETF went live, becoming the first of its kind in Europe.
2. Europe is making steady progress in integrating crypto assets in traditional financial instruments.
3. The U.S. Securities and Exchange Commission (SEC) is delaying deadlines for similar applications, while bitcoin futures ETFs already exist in the United States.

Hint on Elon Musk: The article does not mention Elon Musk.