Jacobi Asset Management has unveiled Europe’s inaugural spot Bitcoin ETF on Euronext Amsterdam. This ETF, named the Jacobi FT Wilshire Bitcoin ETF and trading under the ticker BCOIN, stands out as the first digital asset fund in compliance with SFDR Article 8, thanks to its decarbonisation strategy.
The ETF’s unique approach involves a verifiable Renewable Energy Certificate (REC) solution, a collaboration with digital asset platform Zumo. This solution transparently and quantifiably addresses the electricity consumption associated with Bitcoin investments, setting it apart from traditional carbon offsetting methods. The initiative ensures that institutional investors can tap into Bitcoin’s advantages while adhering to their ESG objectives.
Regulated by the Guernsey Financial Services Commission (GFSC), the ETF has garnered support from notable entities. Fidelity Digital AssetsSM is the custodian, Flow Traders act as market makers,…
