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Europe Launches First Bitcoin ETF, Beating US to the Punch

London-based Jacobi Asset Management has launched Europe's first Bitcoin exchange-traded fund (ETF) on Euronext Amsterdam, after receiving approval from the Guernsey Financial Services Commission. The Jacobi FT Wilshire Bitcoin ETF charges investors a 1.5% annual management fee and is handled by Fidelity Digital Assets for custodial services and Flow Traders as market maker.

The ETF is also the first decarbonised digital asset fund compliant with Article 8 of the European Sustainable Finance Disclosure Regulation, and uses a verifiable built-in Renewable Energy Certificate solution to meet investors' environmental, social and governance objectives. 

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