Jacobi Asset Administration To Launch Spot Bitcoin ETF Europe

  • The Jacobi Bitcoin ETF can be Europe’s first spot bitcoin ETF listed on the Euronext Amsterdam alternate.
  • The ETF can have a 1.5% annual administration price.
  • Constancy Digital Belongings will function the custodian for Jacobi’s bitcoin whereas Movement Merchants and DRW will facilitate as market makers.

Jacobi Asset Administration is launching the primary spot bitcoin exchange-traded fund (ETF) in Europe by Euronext Amsterdam, the most important alternate to host a spot bitcoin ETF, in line with a report from Reuters.

The Jacobi Bitcoin ETF can have a 1.5% annual administration price and, moreover, this can be a primary for the Netherlands as this ETF will function its first major itemizing of a digital asset fund.

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