18.10.2021 - 14:15 Яна Закомолдина

Only institutional and qualified investors will have access to the fund.

What's new? Jacobi Asset Management has received approval from the Guernsey Financial Services Commission (GFSC) to launch a first-tier bitcoin ETF. This term describes the ecosystem of top partners, explained Jacobi CEO Jamie Khurshid.

Company’s press release

What is known about the launching of the new fund? ETF shares will be traded on the European Cboe Exchange after approval of the listing by the UK Financial Supervisory Authority. The company that will customize digital assets is Fidelity Digital Assets. The minimum investment amount will be $100 000, and only institutional and qualified investors will have access to the fund.

“The Jacobi Bitcoin ETF will finally bring digital assets wholly into the mainstream investment infrastructure with the support of the leading firms we are working with. It will provide investors with the opportunity to participate directly in physically-settled Bitcoin.” said Roy McGregor, Jacobi’s chairman.

What had happened before? As we mentioned last week, the US Securities and Exchange Commission (SEC) had approved the launching of the bitcoin ETF futures by ProShares. The bid is scheduled to start on Monday, 18 October.

Found a mistake in the text? Highlight and press ctrl + enter

  • News

  • Knowledge base

Nov 27, 2021

​The Russian Premier League has released an NFT collection in partnership with Sorare

It includes the digital cards of players from all 16 RPL clubs

Nov 26, 2021

The largest mining pools have faced disruptions on the night of November 26

An expert believes that the Chinese government is likely to interfere with the mining pools