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ARTICLE · 21 AUGUST 2023

Multiple ‘Firsts' For Guernsey Regulated Bitcoin Fund

Europe's first Bitcoin exchange traded fund ("ETF") has listed on Euronext Amsterdam, trading under the ticker BCOIN.

European UnionFinance and Banking

Europe's first Bitcoin exchange traded fund ("ETF") has listed on Euronext Amsterdam, trading under the ticker BCOIN.

Jacobi FT Wilshire Bitcoin ETF, a sub-fund of Jacobi Investment Funds PCC Limited, was authorised as an open-ended "B" Scheme fund by the Guernsey Financial Services Commission in October 2021.

The fund is Guernsey's first regulated Bitcoin fund and its first ETF. It is also integrating ESG objectives and is the first digital asset fund compliant with SFDR Article 8 through its decarbonisation strategy.

Jacobi's environmental strategy also looks at electricity consumption and purchases equivalent Renewable Energy Certificates (REC), which are transparently recorded on blockchain.

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