The London-headquartered Jacobi Asset Management has introduced Europe's first spot Bitcoin exchange-traded fund (ETF) on Euronext Amsterdam. The company…
Europe Gets Ahead of the US With First Spot Bitcoin ETF Listing in Amsterdam insidebitcoins.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insidebitcoins.com Daily Mail and Mail on Sunday newspapers.
Europe s first bitcoin ETF launches after delaying for a year biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Background
The Guernsey Financial Services Commission (GFSC) has updated
the Private Investment Fund Rules, to offer three alternate PIF
routes, effective from 22 April 2021.
The new PIF options follow on from a GFSC consultation with
industry in 2020, and in addition to the existing Protection of
Investors (POI) Licensed PIF (Route 1), add two new options –
the Qualifying Private Investor PIF (Route 2) and the Family
Relationship PIF (Route 3).
The Three Guernsey Routes
Route 1 – the POI Licensed Manager
PIF is the original PIF model whose criteria is;
fewer than 50 investors (although no limit on the number of
potential investors who can be marketed to), limits on investors in