Jacobi FT Wilshire Bitcoin ETF: The First Spot Bitcoin ETF in Europe
While the US SEC continues to reject or delay spot Bitcoin ETF applications, Europe has introduced the Jacobi FT Wilshire Bitcoin ETF, the first compliant product of its kind.
- The ETF is compliant with SFDR Article 8 through its decarbonization strategy.
- Jacobi Asset Management and Wilshire Indexes are the brains behind the spot Bitcoin ETF.
- It is listed on Euronext Amsterdam under the ticker BCOIN.
- The ETF offers a Renewable Energy Certificate (REC) solution to meet ESG goals.
- Regulated by the Guernsey Financial Services Commission, Fidelity Digital Assets is the custodian, Flow Traders are the market makers, and Jane Street and DRW are Authorized Participants.
Mark Makepeace, CEO of Wilshire Indexes, believes the launch of the Jacobi FT Wilshire Bitcoin ETF is a transformative moment for the global financial industry and the digital asset ecosystem.
While the US SEC continues to reject spot Bitcoin ETF applications, the launch of the Jacobi FT Wilshire Bitcoin ETF in Europe marks a significant milestone. With its compliance to SFDR Article 8 and focus on decarbonization, this ETF offers institutional investors the opportunity to benefit from Bitcoin while also meeting ESG goals. The involvement of major players like Fidelity and Wilshire Indexes further adds to its credibility. As the digital asset industry continues to grow, this ETF could pave the way for more innovative investment products in the future.