Europe launched its first Bitcoin ETF less than a week after the U.S. Securities and Exchange Commission delayed its decision to approve a spot Bitcoin ETF.
Jacobi Asset Management listed Europe’s first spot bitcoin ETF on Euronext Amsterdam, trading under the symbol BCOIN and regulated by the Guernsey Financial Services Commission (GFSC).
Index provider Wilshire Indexes has partnered with Jacobi to benchmark BCOIN and future products.
The ETF product also uses a decarbonization strategy, with a verifiable built-in Renewable Energy Certificate (REC) solution provided by cryptocurrency platform Zumo, allowing institutional investors to enjoy the convenience brought by Bitcoin while still meeting ESG goals .