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Jacobi spot Bitcoin ETF classed as ‘environmental investing’ by issuer

The first-ever spot Bitcoin exchange-traded fund (ETF) launched on the European market has been classed as an Article 8 fund by its issuer firm, London-based Jacobi Asset Management. Funds included under Article 8 of the European Sustainable Finance Disclosure Regulation (SDFR) are those that “promote environmental and/or social characteristics.” On Aug.

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Guernsey regulator approves Jacobi Asset Management’s Bitcoin ETF launch

Jacobi Asset Management, a London-based multi-asset investment platform, received approval from the Guernsey Financial Services Commission (GFSC) to launch a Bitcoin (BTC) exchange-traded funds (ETF). Speaking to Cryptox, Jacobi Asset Management CEO Jamie Khurshid said that the regulatory clarity helps corporates and institutions to get involved in Bitcoin investments safely without

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