New spot Bitcoin ETF launches at Euronext Amsterdam Exchange
— Exchange, Lend, Traded notes, Entry, Debuting, Massive sell, United states, Segment, Remove, Securities — 1 min read
Jacobi Bitcoin ETF will be launched on Euronext Amsterdam in July. Jacobi Asset Management, a London-based digital asset management platform, is preparing to launch its Bitcoin ETF. The spot Bitcoin ETF is positioned as the first spot Bitcoin (BTC) exchange-traded fund (ETF) launched in Europe. Institutional and professional investors in Europe will be able to have access to the ETF for a 1.5% annual management fee, the announcement notes. The U.S. is yet to approve a physical-backed Bitcoin fund, while Canada was one of the first countries in the world to debut a spot-based Bitcoin ETF with the launch of the Purpose Bitcoin ETF in February 2021. Australia debuted its first crypto ETFs in mid-May 2022. Source