Jacobi Asset Management has just announced the launch of their first Bitcoin ETF, the Jacobi Bitcoin ETF (BCOIN). The new ETF will mark it as the first spot Bitcoin ETF to launch in Europe. There are other Bitcoin ETFs in Europe but BCOIN will be the first to offer investors direct exposure to the cryptocurrency.
ETF Newz Says:
BCOIN believes their addition to the ETF space will help remove barriers to entry that companies like Grayscale have seen.