Europe is ready to see the first Bitcoin exchange traded fund [ETF].. Jacobi Asset Management announced on Thursday that it will operate Europe’s first BTC ETF at Euronext Amsterdam in July. In particular, it is traded under the BCOIN ticker.
Guernsey Financial Services Commission [GFSC] We made the launch of ETFs a green light last October. According to a recently issued statement, storage services will be provided by Fidelity Digital Assets, and float traders and DRWs will facilitate trading as market makers.
Regarding the upcoming ETF, the company’s CEO, Jamie Khurshid, said:
“Jacobi Bitcoin ETFs give investors access to the basic performance of this exciting asset class through an established and reliable investment structure. Our goal at Jacobi is to digital assets. Is to make your investment simpler and more familiar to institutional and professional investors.
I added,
“We have an ambitious vision and look forward to bringing an innovative product pipeline to market soon.”
United with Bitcoin
The Jacobi launch timeline revelation will take place when USSEC rejects Grayscale’s GBTC to Bitcoin ETF conversion application.
Cryptographic people are pleased with the “positive news” of Europe. But they also started comparing the scenarios mentioned above.Draw similarities between the two while ridiculing Bitcoin investors and YouTuber Lark Davis Tweet The United States was trying to protect investors by not giving an official nod.
“FirstSpotBitcoin ETF approved its launch in Europe in July, during which time Melika is still protecting investors …”
Attorney John Deaton has publicly stated that Gensler is “totally shameful” that he does not allow “average Joe” to enter the ETF market by denying their preferred investment options.
Meanwhile, 20-year-old Wil Clemente outlined what the entire community was like. Unite for the first time. He claimed that the SEC “struck the wrong nest.”
People in crypto space are rarely on the same page, and often they share a contrasting stance on different issues. But now, the approval of European Bitcoin ETFs and the rejection of grayscale are more closely tied together.