Bitcoin Equities ETF Makes Its Debut on Euronext Amsterdam Stock Exchange

French investment firm Melanion Capital has introduced its Bitcoin Equities ETF on the Euronext Amsterdam Stock Exchange, offering investors in the Netherlands a regulated and transparent option to gain exposure to the Bitcoin ecosystem. The ETF, which tracks the Melanion Bitcoin Exposure Index consisting of European and American stocks closely tied to BTC’s market price, adheres to the European Commission’s UCITS regulatory framework for managing and trading mutual funds.

Melanion Capital CEO Jad Comair highlighted the growing interest in digital assets in the Dutch market and expressed excitement in providing investors with a regulated avenue to tap into this investment opportunity. The Bitcoin Exposure Index comprises companies with significant investments in Bitcoin, as well as cryptocurrency exchanges and mining operations. Notable companies in the index include MicroStrategy, Coinbase, Robinhood, Riot, Marathon Digital, and Hut8.

The ETF aims to maintain correlation with Bitcoin’s market performance, although a minimum correlation threshold has not been set. In addition to Euronext Amsterdam, Melanion’s Bitcoin Equities ETF is also listed on the Euronext Paris and Euronext Milan stock exchanges. The launch of this ETF comes at a time when Bitcoin ETFs have been in the spotlight, with BlackRock, the world’s largest asset manager, recently filing an application for a Bitcoin spot ETF with the US Securities and Exchange Commission.

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