- This ETF has been listed on the Euronext stock exchange under the BCOIN ticker.
- BCOIN was launched in the Amsterdam market.
Jacobi Asset Management, a European Exchange Traded Fund (ETF) issuer based in London, has made a historic announcement listing Europe’s first spot Bitcoin ETF. The ETF has been listed under the ticker symbol “BCOIN” on the Pan-European stock exchange Euronext.
The Jacobi FT Wilshire Bitcoin ETF emerges as the first digital asset fund to align with SFDR Article 8 through its innovative decarbonization strategy. SFDR Article 8 is a section of the Sustainable Finance Disclosure Regulation in the EU. It pertains to financial products with environmental or social objectives, like carbon offsets, requiring transparency in disclosing their sustainability features to investors.
“It is exciting to see Europe moving ahead of the US in opening up Bitcoin investing for institutional investors who want safe, secure access to the benefits of digital assets using familiar and regulated structures like our ETF.” – Martin Bednall, CEO of Jacobi Asset Management.
ETFs Explained
An ETF is an investment fund that pools money from investors to invest in a diversified portfolio of assets such as stocks, bonds, or commodities. ETFs offer a convenient way for investors to gain exposure to a wide range of assets without buying each separately.
BCOIN
BCOIN, currently priced around $20.00, is regulated by the Guernsey Financial Services Commission.
This achievement demonstrates Europe’s progressive stance as a leader in launching a spot Bitcoin ETF even ahead of the U.S., where numerous applications have been rejected by the SEC.
