Jacobi Asset Management announces the introduction of the first Bitcoin Spot ETFs for European investors

Jacobi Asset Management announces the introduction of the first Bitcoin Spot ETFs for European investors
Jacobi Asset Management plans to launch the first Bitcoin Spot ETF for investors from Europe in July 2023. This was announced in a news article by Financial Times on July 13, 2023. Originally the launch of the Bitcoin ETF was planned for July 2022, but this was postponed due to the collapse of the Terra Luna ecosystem and the FTX crypto exchange.
The ETF will initially be listed on the Euronext Amsterdam, which is the fifth largest stock exchange in the world measured by market capitalization. For the Bitcoin ETF, Jacobi Asset Management has founded an offshore company on the Guernsey Islands. Although the Guernsey Islands are not part of the EU, investors from the EU can still invest in ETF. This is due to the advantages that the state offers investment companies. According to the company, it is relatively easy to have an ETF approved in the country, which could open up the possibility of further approved Bitcoin ETFs in Guernsey for the future.
It is important to note that all information in this article is based on the sources mentioned above. However, readers are asked to check the facts independently and to consult a specialist in case of doubt before making decisions based on this content.
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