According to PANews, VanEck CEO Jan van Eck said that the company has 12 token-based products for trading in the European market, and the current size of VanEck's cryptocurrency ETP in Europe has reached 2 billion euros. But a large part of it comes from individual investors, institutional investors have low participation, and wealth management companies have not made any allocations, and they have not even started to act. In addition, Jan van Eck said that few private banks have actually approved investments in Bitcoin or Ethereum, and there have been no major initiatives in other crypto assets.