Europe’s First Spot Bitcoin ETF Could Go Live by End of the Month

Jacobi Asset Management’s application for Europe’s first spot Bitcoin exchange-traded fund (ETF) could start trading by the end of this month after a delay of 12 months from the initially planned launch date. The company announced that it is resuming its efforts for Europe’s first spot Bitcoin ETF, stating that “the demand has changed since last summer.” Jacobi Asset Management Commented, “The Demand Has Changed Since Last Summer” Jacobi Asset Management had announced in July 2022 that the spot Bitcoin ETF would be listed on the Euronext Amsterdam exchange, but the asset management company withdrew its application, saying the timing was not right to list an ETF, and announced that the ETF would be opened for trading at a more appropriate time in the future. The step back for Jacobi Asset Management’s ETF launch was due to the cryptocurrency market dealing with several adversities around this time last year. The […] The post Europe’s First Spot Bitcoin ETF Could Go Live by End of the Month appeared first on COINTURK NEWS.