Jacobi Asset Management to launch Europe’s first bitcoin ETF on Euronext

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Reuters UK

By Sudip Kar-Gupta BRUSSELS (Reuters) -Jacobi Asset Management said on Thursday that it would launch Europe’s first bitcoin exchange-traded-fund (ETF) on the Euronext exchange, in a sign of the cryptocurrency’s appeal despite its volatile price swings. The company said its Jacobi Bitcoin ETF would start trading in July on Euronext Amsterdam under the symbol of ‘BCOIN’. “The Jacobi Bitcoin ETF will enable investors to access the underlying performance of this exciting asset class via a well-established and trusted investment structure,” said Jacobi CEO Jamie Khurshid, a former Goldman Sachs ban…

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