Fidelity Digital Assets will be in charge of the custodian aspects of the BCOIN ETF.
The fund uses third-party data to determine the Bitcoin network’s energy consumption.
After the highly-anticipated debut of Jacobi Asset Management’s Jacobi FT Wilshire Bitcoin ETF, Europe will finally have its first spot Bitcoin exchange-traded fund (ETF). More than a year after its initial debut date of 2022, the London-based digital asset management business said on August 15 that its new investment product will begin trading on the Euronext Amsterdam stock market.
According to press reports, the offering was promoted as the first spot or physical-backed Bitcoin fund, giving investors direct access to a financial asset backed by Bitcoin. The Guernsey Financial Services Commission granted approval for the new ETF long back, and the ticker symbol will be “BCOIN.” According to reports, Fidelity Digital Assets will be in charge of the custodian aspects of the BCOIN ETF.
Since a renewable energy
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