Europe 'Takes Lead,' Beats US To Listing First Spot Bitcoin ETF On Euronext Amsterdam
Portfolio Pulse from Murtuza Merchant
Jacobi Asset Management has listed Europe's first spot Bitcoin ETF on Euronext Amsterdam, nearly two years after its initial approval. The ETF integrates a Renewable Energy Certificate (REC) solution, allowing institutional investors to meet their ESG targets while investing in Bitcoin. The fund directly owns the underlying asset, unlike other European offerings that are debt instruments.
August 15, 2023 | 2:34 pm
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The listing of Europe's first spot Bitcoin ETF could increase institutional investment in Bitcoin, potentially driving up its price.
The listing of a Bitcoin ETF provides a regulated structure for institutional investors to invest in Bitcoin. This could increase demand for Bitcoin, potentially driving up its price. The ETF's integration of a Renewable Energy Certificate solution could also make it more attractive to investors with ESG objectives.
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