Gibraltar Lands First European Bitcoin ETI

The Gibraltar Stock Exchange (GSX) announced the launch of BitcoinETI, an asset-backed Exchange Traded Instrument that is invested exclusively in Bitcoin, making it the first European-regulated product for the leading digital currency. The ETI is listed on GSX with the ticker BTCETI and is in the process of also being co-listed on Deutsche Börse in the coming weeks. “GSX is an E.U.-regulated market which offers efficient and cost-effective solutions for innovative companies and financial products,” said GSX Managing Director Nick Cowan. “We look forward to supporting the BitcoinETI in its....

An asset-backed Exchange Traded Instrument which has invested exclusively in Bitcoin, BitcoinETI, has become the first European regulated product for the leading digital currency after it was approved for admission to listing on the Gibraltar Stock Exchange GSX on 22 July 2015, the Gibraltar-based private limited company has announced. According to information on its website, BitcoinETI offers professional investors exposure to Bitcoin as it trades in Euro charging 1.75% as management fees on a minimum order size of €100,000. The ETI, sponsored by Gibraltar based FinTech specialists....

Crypto experts on The Rock of Gibraltar shed light on the crypto-friendly jurisdiction; it could explain why Binance is now recruiting on the British Overseas Territory. Gibraltar's 6.8km2 territory houses 35,000 people and several large international crypto companies. The British Overseas Territory of Gibraltar, ruled by the United Kingdom and an important gateway to Europe, is an attractive jurisdiction for distributed ledger technologies (DLT) or simply crypto.The world’s largest cryptocurrency exchange, Binance, is now hiring for four roles in the “Rock of Gibraltar,” up from two roles....

In an interview with Cointelegraph, MP Isola detailed Gibraltar’s crypto regulatory landscape and his interest in Bitcoin. Located in Europe, on the southern tip of Spain, the British Overseas Territory of Gibraltar is a bubbling hotbed of cryptocurrency adoption. In an interview with Cointelegraph, Albert Isola, Minister for Digital and Financial Services for Her Majesty's Government of Gibraltar, explained the territory's approach to crypto and shed some light on his own investment interests. Isola played a pivotal role in shepherding Gibraltar’s purpose-built distributed ledger....

Gibraltar Stock Exchange has approved the inclusion of BitcoinETI as a tradable instrument on the exchange platform. Gibraltar Stock Exchange has announced the introduction of a new Bitcoin backed security into its list of trading instruments. BitcoinETI, with the assigned ticker BTCETI is an asset-backed Exchange Traded Instrument created by Argentarius ETI Management and invested exclusively in Bitcoin. In order to include the new asset, Gibraltar Stock Exchange has partnered with Argentarius ETI Management, a well-known entity offering flexible European securitization solutions to....