Euronext Amsterdam To Launch Its First Spot Bitcoin ETF
The Jacobi Bitcoin ETF will be the first spot bitcoin ETF offered on the Euronext Amsterdam exchange for institutional European investors.The Jacobi Bitcoin ETF will be Europe’s first spot bitcoin ETF listed on the Euronext Amsterdam exchange.The ETF will have a 1.5% annual management fee.Fidelity Digital Assets will serve as the custodian for Jacobi's bitcoin while Flow Traders and DRW will facilitate as market makers.Jacobi Asset Management is launching the first spot bitcoin exchange-traded fund (ETF) in Europe through Euronext Amsterdam, the largest exchange to host a spot bitcoin ETF,....
Related News
The Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July. Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF).Jacobi Asset Management, a London-based digital asset management platform, is preparing to launch its Jacobi Bitcoin ETF on Euronext Amsterdam next month, the firm announced on Thursday. The spot Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN.The Jacobi Bitcoin ETF is positioned as the....
Last but not least, there's the option of exploring blockchain technology, which may turn out to be the most logical solution in the end. Although this approach would require a lot more time to fully develop, it would also be the most innovative solution for enforcing the position of Euronext. Research of blockchain technology is not cheap, though, which could make it a less favorable option for the company. In this day and age of financial and technological innovation, there is a lot of focus on rethinking business models and future partnerships. Euronext, one of the world’s leading....
U.S. companies are rushing to launch crypto investment products in Europe amid regulatory pushbacks at home. United States-based companies are increasingly listing cryptocurrency-based investment products in Europe, with asset manager WisdomTree getting another listing for its crypto basket exchange-traded product (ETP).On Dec. 2, WisdomTree listed its Crypto Mega Cap Equal Weight ETP on Euronext exchanges in Paris and Amsterdam.Trading under the ticker symbol MEGA, the investment product is backed by physical crypto assets including Bitcoin (BTC) and Ether (ETH) with a quarterly....
Amsterdam has always been somewhat of a bitcoin haven. With startups seeking to make the city the "bitcoin capital of the world", it has historically attracted high-profile bitcoin events. Last spring, for example, saw the opening of Amsterdam's very own Bitcoin Boulevard, a project that signed up 10 merchants in the city to accept bitcoin. The Bitcoin Foundation also picked Amsterdam to host its Bitcoin 2014 conference last May in what may have been the most high-profile testament to the city's pull for bitcoin aficionados. Sander Regtuijt, business development manager at BitStraat,....
In collaboration with Amsterdam Decentralized and Westergas, Bitcoin Magazine is taking its signature Bitcoin Conference event to Europe this October.