Melanion Capital has made history by launching the Bitcoin Equities ETF on the Euronext Amsterdam Stock Exchange.
This ETF represents a significant step towards Bitcoin’s wider acceptance as an investment asset. Notably, the fund adheres to UCITS (Undertakings for the Collective Investment in Transferable Securities) regulations, demonstrating its compliance with a strict regulatory framework.
The Bitcoin Equities ETF, BTC NA, is a regulated and secure investment vehicle listed on the Euronext Amsterdam Stock Exchange, allowing investors to participate in the potential growth of Bitcoin without directly owning the cryptocurrency. The index consists of stocks closely correlated with Bitcoin’s market price, providing exposure to price movements.
The fund aims to track Bitcoin’s performance by investing in a diversified portfolio of companies within the cryptocurrency ecosystem, mitigating risks associated with investing solely in Bitcoin.
By complying with UCITS guidelines, the ETF ensures transparency, investor protection, and risk management. This milestone marks a significant step in bridging traditional finance with the world of cryptocurrencies, offering investors a regulated and secure avenue to tap into the potential returns of Bitcoin.
Compiled by Coinbold