Europe's first Bitcoin spot ETF is finally coming! 🎉After the collapse of the Terra ecosystem in 2022 and the collapse of FTX in the same year, London-based Jacobi Asset Management decided to compete with changing demand and launch its Bitcoin ETF. 😎This crypto-backed financial instrument is backed by Fidelity Digital Assets and is quite different from the common crypto-backed traditional financial instruments ETN in Europe. 👀

The US financial market is still waiting for the SEC to approve the first spot Bitcoin ETF. Many institutional giants such as BlackRock and Fidelity have submitted new applications. Who can get ahead? 🏃Comment and tell me what you think!#BitcoinETF#Europe'sFirstSpot#Fidelity#BlackRock