Jacobi Asset Management has removed minimum investment thresholds for its bitcoin (BTC) exchange-traded fund (ETF), enabling retail investors in Europe to invest for the first time. This change followed regulatory adjustments by the Guernsey regulator, which originally limited access to professional investors only. The ETF has been available since 2023 on Euronext Amsterdam, boasting high standards of security and compliance.
The decision to broaden participation comes as the financial ecosystem evolves and acceptance of bitcoin among institutions and governments increases. Jacobi collaborated with partners such as Collas Crill, Midshore Consulting, and Sigma Asset Management to facilitate these regulatory changes. Now, retail investors can access the ETF through regulated platforms, potentially increasing market participation.
Zodia Custody continues to provide secure custody solutions for the fund. Peter Lane, CEO of Jacobi Asset Management, commented, "Our fund was designed from day one with a regulated, institutional-grade structure that investors could trust. Now, with greater regulatory alignment and public interest, we’re delighted to expand access across eligible jurisdictions." This development marks a significant milestone for both Jacobi and Guernsey as a hub for digital assets.
The decision to broaden participation comes as the financial ecosystem evolves and acceptance of bitcoin among institutions and governments increases. Jacobi collaborated with partners such as Collas Crill, Midshore Consulting, and Sigma Asset Management to facilitate these regulatory changes. Now, retail investors can access the ETF through regulated platforms, potentially increasing market participation.
Zodia Custody continues to provide secure custody solutions for the fund. Peter Lane, CEO of Jacobi Asset Management, commented, "Our fund was designed from day one with a regulated, institutional-grade structure that investors could trust. Now, with greater regulatory alignment and public interest, we’re delighted to expand access across eligible jurisdictions." This development marks a significant milestone for both Jacobi and Guernsey as a hub for digital assets.
