Definition ∞ Cryptocurrency products are financial instruments or services built upon or derived from cryptocurrencies and blockchain technology. These offerings extend beyond simple digital asset ownership to include various investment, lending, and trading vehicles. Examples range from exchange-traded funds (ETFs) and futures contracts to decentralized finance (DeFi) applications. They allow users to interact with digital assets in diverse ways.
Context ∞ The expansion of cryptocurrency products is a significant area of focus in financial news, reflecting the growing institutional and retail interest in digital assets. Regulatory scrutiny often surrounds these products, particularly regarding consumer protection and market manipulation concerns. Future developments will likely involve the introduction of more sophisticated derivatives and structured products, alongside continued efforts to establish clear regulatory frameworks for their operation.