Jacobi Asset Management has lowered entry barriers for its bitcoin BTC exchange-traded fund (ETF), allowing European retail investors to participate for the first time. This follows the removal of professional-only and minimum investment requirements by the Guernsey regulator.
Originally launched in 2023 on Euronext Amsterdam, the ETF was designed to meet institutional grade standards for security, transparency, and compliance.
Until now, access was limited to professional investors in line with regulatory requirements and market maturity.
However, with the evolving financial ecosystem and growing institutional and governmental acceptance of bitcoin, Jacobi has worked closely with partners including Collas Crill, Midshore Consulting, and Sigma Asset Management to secure the removal of restrictions on retail participation.
This strategic shift enables broader access to the ETF through regulated brokerage and investment platforms, subject to national regulations, significantly enhancing market inclusivity. The fund continues to be safeguarded by Zodia Custody, which provides secure institutional grade custody solutions.
“Our fund was designed from day one with a regulated, institutional-grade structure that investors could trust and were familiar with. Now, with greater regulatory alignment and growing public interest, we’re delighted to expand access to all investors across eligible jurisdictions,” said Peter Lane, CEO of Jacobi Asset Management.
“This marks a milestone not only for Jacobi, but also for Guernsey’s positioning as a forward-looking digital asset jurisdiction,” he added.
Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
Bitcoin is down just 1.5% in its historically weakest month and remains on track for…
Bitcoin recovered from $75,972 overnight to just below $78,000, a third straight day of gains.Read…
The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of…
Corporate treasuries bought just 5,900 bitcoin in three months, while broader demand signals remain weak.Read…
Ether funds shed money for a third straight session even as the token rose, while…
The yen declined and BTC rose after the BOJ hiked rates to the highest level…