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What Europe’s new spot Bitcoin ETF means for global markets
First European Bitcoin exchange fund is 100% climate-friendly
$BTC Just Got a Bit More Real in Europe! First Spot Bitcoin ETF Lands in Amsterdam!
🇪🇺 Europe’s first spot bitcoin-ETF was registered in Amsterdam today! The ETF will trade under the ticker BCOIN and investors will pay a 1.5% annual management fee. The custodian is Fidelity Digital Assets
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Europe has had a bitcoin ETF since august. BCOIN is one of them. https://bitcoinmagazine.com/markets/europes-first-spot-bitcoin-etf-now-listed-on-euronext-amsterdam
Some of us (UK) can’t buy any crypto ETFs. Europe can only buy UCITS ETF which US ones aren’t - and there’s already spot BTC ETFs here, BCOIN listed in Amsterdam back in August.
What am I missing here with the volume on this so far? It may as well not even exist the volume traded is averaging less than 1 BTC per day. The ticker is BCOIN for those interested...
BCOIN (Jacobi FT Wilshere Bitcoin ETF) last volume shows 1212 shares were bought on Sep 1st. No other volume has been traded so far. Hope Black Rock has already convinced some/most of their clients to participate ...
Funny thing, though: BTC is up today while the BCOIN (ETF's ticker) shows -4.32% today price movement.
Investors in BCOIN are experiencing the typical crypto initiation. Price went straight down. Not a great example.
There are already Bitcoin spot ETF in Canada (BTCC) and Europe (BCOIN). Nothing new about it. And Spot ETF is not adoption. It’s just a way for institutions or retailers to speculate the price.
Confused kitten. Spot BTC ETF is supposed to buy BTC. So why is BCOIN < $20 ??
tldr; Europe's first spot Bitcoin ETF has been listed on Euronext Amsterdam by Jacobi Asset Management, putting Europe ahead of the US in terms of Bitcoin investment vehicles. The ETF, regulated by Guernsey Financial, will trade under the ticker "BCOIN" and will have Fidelity Digital Assets as its custodian and Flow Traders as its market maker. Jacobi's CEO, Martin Bednall, expressed excitement about Europe's progress in opening up Bitcoin investing for institutional investors. The spot Bitcoin ETF is also compliant with SFDR Article 8, aligning with Jacobi's decarbonization strategy. The partnership between Jacobi and Zumo involves procuring Renewable Energy Certificates to offset the electricity consumption related to the fund's Bitcoin holdings. US firms, including BlackRock and Fidelity, are also racing to get spot Bitcoin ETFs approved. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
tldr; Europe's first spot bitcoin exchange-traded fund (ETF) has been listed on Euronext Amsterdam by Jacobi Asset Management. The ETF, regulated by the Guernsey Financial Services Commission (GFSC), will trade under the ticker "BCOIN" and is custodyed by Fidelity Digital Assets. Unlike exchange-traded notes (ETNs), the ETF cannot be leveraged or use derivatives. This listing means that Europe will have a spot bitcoin ETF traded before the U.S., despite numerous rejected applications to the Securities and Exchange Commission (SEC). *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
Tl:dr Jacobi Asset Management from London just launched Europe's first spot Bitcoin ETF on Euronext Amsterdam, called "BCOIN." This ETF follows eco-friendly rules and directly owns Bitcoin, making it a big move for European institutional Bitcoin investment. There are some debates if it's truly the first, but it shows Europe's forward-thinking approach to digital asset investment.
tldr; Europe's first Bitcoin exchange-traded fund (ETF) has been launched by Jacobi Asset Management. The Jacobi FT Wilshire Bitcoin ETF is now live on Euronext Amsterdam, trading under the ticker BCOIN. The fund charges a 1.5% annual management fee and aims to provide institutional investors with a simple, secure, and transparent way to access Bitcoin while addressing their sustainability requirements. It is also the first decarbonized digital asset fund compliant with Article 8 of the European Sustainable Finance Disclosure Regulation (SFDR). The fund has partnered with Zumo to implement a verifiable Renewable Energy Certificate (REC) solution, allowing investors to deal in Bitcoin while meeting their Environmental, Social, and Governance (ESG) objectives. The launch of this ETF puts European investors ahead of their American counterparts, as the US Securities and Exchange Commission (SEC) has repeatedly rejected or postponed Bitcoin ETF applications. However, there is renewed hope for a Bitcoin ETF in the US, as new applications have been submitted to the SEC by BlackRock, Fidelity, Valkyrie, and Invesco, among others. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
Ticker is BCOIN but on Yahoo Finance it gives me Bombcrypto coin lol
tldr; Europe's first spot bitcoin ETF is set to launch later this month on Euronext Amsterdam. The ETF, listed as BCOIN, was delayed in 2022 due to the collapse of Terra Luna and FTX. However, Jacobi Asset Management, the firm behind the ETF, stated that demand has shifted and they are now on track for a July launch. Unlike other European digital asset exchange-traded products, this ETF will offer direct ownership of bitcoin rather than ownership of a debt security. The ETF will provide transparency and eliminate counterparty risk, making it an attractive option for institutional investors. The digital assets underlying the ETF will be audited and held in custody by Fidelity Digital Assets. This launch is expected to pave the way for institutions to adopt digital assets in their portfolios. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
They've made it a complete pain on their website to get this kind of detail. First you need to register to be allowed to download the documents. Then when I do that and get sent a download link, I receive "access denied" message. Great start! But based on this article: https://www.etfstream.com/articles/how-jacobi-am-launched-europe-s-first-bitcoin-etf >“The key difference is that if someone were to invest in BCOIN, they would own the units in the fund and the units own the underlying asset. It would appear as though it is backed by the underlying purchase of the crypto.
TLDR: It is a first for the Euronext Amsterdam Exchange (AEX). While the Bitcoin spot ETFs in the United States are rejected time and again, the Netherlands does get one. This so-called 'Jacobi Bitcoin ETF' will debut on the AEX next month under the ticker BCOIN. Jacobi Asset Management CEO Jamie Khurshid said: “Our product is the first physically-backed Bitcoin fund, and the fund may not lend, stake, or leverage any of the assets it holds. For the first time in Europe, investors – who buy an exchange-traded bitcoin product – will own the units that own the bitcoin,” Khurshid said. “There are other exchange-traded products in Europe, but no other spot BTC ETFs,” he added.
>Jacobi Asset Management declared on Thursday, June 30, that it would be launching Europe’s first Bitcoin exchange-traded-fund (ETF) on the Euronext exchange. The company noted that the Jacobi ETF would commence trading activities in July this year on Euronext Amsterdam under the symbol of BCOIN.
tldr; Jacobi Asset Management, a London-based digital asset management platform, is preparing to launch its Jacobi Bitcoin ETF on Euronext Amsterdam next month. The spot Bitcoin ETF will start trading on the Amsterdam Exchange under the ticker BCOIN. Institutional and professional investors in Europe will be able to have access to the ETF for a *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I'd recommend investing time into research. Not sure what you're looking for, so here's my recent shopping list. I bought some P2E shitcoins (BCOIN, DCAU) and a small cap L1 (FUSE). All doing well. Also added to my VDR bag, they drop a beta this week. Anyway, DYOR.
What type of project are you looking for? - FUSE - if you'd like to bet on the next big L1, this might be a contender. It's around $170M MC and not listed on major CEXs yet. - VADER - if you'd prefer a DeFi play, this AMM might interest you. - BCOIN - if you don't mind throwing money on P2E shitcoins, this one shows a meteoric rise with the number of wallets surpasing 600k - VDR - if you're a sucker for practical utility, this one offers a monetization platform for streamers, circumventing Twitch's hefty fees. It's sitting at the bottom, waiting for the app to drop.
I aped into BCOIN recently, the chart's looking good so far, but can somebody please tell me wtf I got myself into? 😂
FUSE - L1 VDR - utility VADER - AMM BCOIN - P2E (probably a shitcoin as most P2E, but the charts are nice)
I’m going to join because they announced the story mode coming soon, and I’m well aware BCOIN might go up when this happens… But yeah. From what I’ve been researching, at the moment your only “play” is in monitoring energy, and selecting which heroes to go first to better optimise what you can farm from the maps each day. Great potential though… who’s say our old bomberman would turn into a crypto game.
Crypto gaming that make money = "defi" with gamification = simple/ugly ones = fast profit/ROI = take out the risk to BTC or USDC and let the "game" continues until dies. Exemples: CCAR, CPAN, BCOIN, BABY. You're welcome. Obs 1: sometimes youl'll get rugged, so, manage your risks. Obs 2: everything will die when the wintes comes, deal with it.
I don't care if you are a bot or a human. 1. Sam or (SamBot) borrows $180 and make a $200 bet on ACOIN. Sam is leveraged 10-1. Sam also holds $200 of BCOIN. Sam's ACOIN drops from $200 to $175. He takes his remaining $175 ACOIN and sells it to pay that to his broker. He now owes another final $5 to his broker. Sam sells some of his holdings in BCOIN to pay for his losses in ACOIN. Because Sam sells BCOIN he is putting downward pressure on the price of BCOIN. That ladies and gentlemen is how a drop in the price of ACOIN caused a drop in the price of BCOIN. Multiply all of that by one million or billion and you get correlation in the cryptocurrency market. 2. When the price of a leading (ETH or BTC) coin goes up more people try to sell their coins. This causes large amounts of people to try and make transactions. This causes the price of a transaction to go up. People who actually want to use cryptocurrency for payments will decide to use lesser alt-coins like BCH or LTC instead of BTC so also those coins will rise as well. This is happening less in BTC but it may happen more in ETH.
Yeah, right now youll need \~ 840$ for 12 heroes. If you get 3 Coins per day, that would be 90/month. 90\*7 = 630$. Don't know how you calculated 270$ :D? Thats 7560$ per year, given that the price stays @ 7$. Thats nearly 10x of the initial investment. I doubt that BTC will give that much. And I'm really looking forward to the other game modes, maybe there will be more of a "play" mechanism. Besides that we will get the marketplace where you can flip the heroes. Buy low sell high. And between that you can use them to farm BCOIN.
**Bomb Crypto** $BCOIN. Developed by game developer Senspark. Launched about a month ago. Currently the game is earning me about $60-$80+ per day currently w/ Treasure Hunt mode. Play style is like the classic Bomberman video game. There’s currently 3 game modes and only 1 is currently playable which is **Treasure Hunt**. The other 2 modes are **Adventure** and **Battle (pvp)** . I like the game because it’s cool and semi passive. The developers plans on adding Staking and VIP tiers. I bought $FLOKI a month ago so I’m doing well on that position but Bomb Crypto and $BCOIN is looking like it will give me my largest return overtime imo. **Battle Heros** $BATH is another P2E game I recently started. You can get a FREE hero from starting the game. I didn’t have much $ to invest in at the time so my ROI is a few months out. But I like the game mechanics and graphic style of the game. It’s a 3D battle royal game that will have 6 game modes and 5 maps. Currently you can stake and upgrade hero’s. Other features are being brought to game asap via development. Floki and Valhalla. $FLOKI is a major meme token that is aiming to have a p2e utility for the token. The game is called Valhalla and will have elements from games like Pokémon and Animal Crossing. If $FLOKI achieves this, then I see mass success for the token. However Valhalla is currently under development so it’s still a risk because the platform hasn’t been created. Developers have shown char animation previews but that’s about it. Of course this isn’t financial advise and always DYOR.
10xed once on BTT 10.6~ ,small sum felt pretty damn good. 25xed on BCOIN felt AMAZING medium amount. And my golden boy BFC so far I 30xed it and counting, this one I took a leap of faith. 2 friends which invest together with me questioned my sanity when I droped the money on the project, as of today they're both considering getting balls deep in it. There's some 3x 4x here and there but always with a safe amount of money. Better safe than sorry right? Also just to add, it's not all sunshine and rainbows, I lost 80% on a mostly failed project and 40% in another, but maybe they'll recover, I can diamond hand the shit out of those anyway.