Europe First Spot Bitcoin ETF set to Launch this month

Europe First Spot Bitcoin ETF set to Launch this month

Jacobi Bitcoin (BTC) exchange-traded fund (ETF), the first European BTC ETF, is set to launch later this month on Euronext Amsterdam, Financial Times reported on July 13.

Jacobi Asset Management reportedly stated that the fund was “on track” for listing this month as there was now demand for it following its initial 12-month-long hiatus because of the Terra Luna-induced crypto market collapse in 2022.

The distinctive feature of Jacobi’s ETF lies in its structure. Unlike conventional European exchange-traded products tied to digital assets, it’s not organized as an exchange-traded note (ETN). Highlighting the difference, Jacobi stated that its shareholders would have a stake in the ETF’s underlying assets, contrasting to ETN investors who essentially own a form of debt security.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Bitcoin

In This Article

Related News
Amount of Bitcoins on Exchanges Reaches Multi-years Low Amount of Bitcoins on Exchanges Reaches Multi-years Low
Bitwise Thinks Spot Bitcoin ETF to See the Next Wave of Institutional Capital as Major Brokerage Firm Open Gate Bitwise Thinks Spot Bitcoin ETF to See the Next Wave of Institutional Capital as Major Brokerage Firm Open Gate
Morgan Stanley Considering Add Spot Bitcoin ETF to its Brokerage Platform Morgan Stanley Considering Add Spot Bitcoin ETF to its Brokerage Platform
Bitcoin Staking Protocol Babylon Launched Testnet Bitcoin Staking Protocol Babylon Launched Testnet
Crypto Mining Giant Marathon Digital Unveils Bitcoin Layer 2 Network Anduro Crypto Mining Giant Marathon Digital Unveils Bitcoin Layer 2 Network Anduro
Latest News More More
FTX Claim Window Prices $BTC at $16,871, well below the Market Price
2 Days Ago RWA Protocol Ondo Finance to Launch Tokenized Security
2 Days Ago Blast Launched Mainnet, Unlocking $2.3B Staked Assets
4 Days Ago Risk Manager Gauntlet Quits Aave and Moves to Rival Lending Protocol Morpho
4 Days Ago BlackRock's Spot Bitcoin ETF Recorded $1.3B Daily Trading Volume, Breaking Monday's Record
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open