Approved: UK Securities Exchange Says ‘Yes’ To First Bitcoin Investment Fund
The UK’s Channel Islands have given the green light to Global Advisors Bitcoin Investment Fund (GABI), marking the launch of the world’s first listed and regulated Bitcoin fund. GABI, which has existed since 2014, is Global Advisors’ first product, the group later launching COINXBT and COINXBE, which both made pioneering debuts on the Swedish Nasdaq. It will trade on the Channel Islands Securities Exchange (CISE). GABI: ‘Time is right’ for Bitcoin. “The time is right,” Global Advisor Principal Daniel Masters commented in a press release issued today: “Bitcoin now has a market....
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