Jacobi Asset Management Receives Approval to Launch the World's First Tier One Bitcoin ETF
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Friday, October 15, 2021
Bitcoin, Financial technology, Sigma, Goldman Sachs, Technology, ETF, Intention, Credit Suisse, Guernsey Financial Services Commission, Financial News, FCA, GIFA, Investment, Cyprus Securities and Exchange Commission, Bank regulation, CEO, Jacobi, Guernsey, Financial Conduct Authority, U.S. Securities and Exchange Commission, Cryptocurrency
LONDON, Oct. 15, 2021 /PRNewswire/ -- Jacobi Asset Management has received approval to launch the world's first tier one Bitcoin ETF. The Jacobi Bitcoin ETF is a centrally cleared crypto-backed financial instrument, authorised by the Guernsey Financial Services Commission (GFSC) and with custody provided by Fidelity Digital AssetsSM. It is Jacobi's intention to list the Jacobi Bitcoin ETF on Cboe Europe, one of the largest pan-European equity exchanges, subject to Financial Conduct Authority (FCA) listing approval.
Key Points:
- LONDON, Oct. 15, 2021 /PRNewswire/ -- Jacobi Asset Management has received approval to launch the world's first tier one Bitcoin ETF.
- The Jacobi Bitcoin ETF is a centrally cleared crypto-backed financial instrument, authorised by the Guernsey Financial Services Commission (GFSC) and with custody provided by Fidelity Digital AssetsSM.
- It is Jacobi's intention to list the Jacobi Bitcoin ETF on Cboe Europe, one of the largest pan-European equity exchanges, subject to Financial Conduct Authority (FCA) listing approval.
- Prior to FCA listing approval, Jacobi Bitcoin ETF investments will be facilitated through Sigma Asset Management (Guernsey) Limited ("Sigma"), the fund manager providing management and administration.