๐ Big news for BTC enthusiasts! Europe welcomes its first spot Bitcoin ETF, the Jacobi FT Wilshire Bitcoin ETF, which is now listed on Euronext Amsterdam under the ticker BCOIN. ๐ This groundbreaking product is a collaboration between Jacobi Asset Management and Wilshire Indexes, and it's compliant with SFDR Article 8 through its decarbonization strategy. ๐ฟ
The ETF features a built-in Renewable Energy Certificate (REC) solution, allowing institutional investors to enjoy Bitcoin's benefits while meeting their ESG goals. ๐ฑ It will be regulated by the Guernsey Financial Services Commission (GFSC), with Fidelity Digital Assets as the custodian and Flow Traders as market makers. Jane Street and DRW will serve as Authorized Participants. ๐ค
While spot Bitcoin ETFs have launched in countries like Brazil and Canada, the US SEC remains hesitant. However, the landscape may soon change as BlackRock, the world's largest asset manager, filed for a spot Bitcoin ETF in mid-June. ๐ Let's keep our fingers crossed for more exciting developments in the world of Bitcoin! ๐ค