Jacobi Asset Management To Launch Spot Bitcoin ETF Europe

  • The Jacobi Bitcoin ETF will be Europe’s first spot bitcoin ETF listed on the Euronext Amsterdam exchange.
  • The ETF will have a 1.5% annual management fee.
  • Fidelity Digital Assets will serve as the custodian for Jacobi’s bitcoin while Flow Traders and DRW will facilitate as market makers.

Jacobi Asset Management is launching the first spot bitcoin exchange-traded fund (ETF) in Europe through Euronext Amsterdam, the largest exchange to host a spot bitcoin ETF, according to a report from Reuters.

The Jacobi Bitcoin ETF will have a 1.5% annual management fee and, furthermore, this will be a first for the Netherlands as this ETF will serve as its first primary listing of a digital asset fund.