The Bitcoin equities ETF would allow Dutch investors to have exposure to Bitcoin-related stocks with its unique exposure to those companies.
The world has seen a few Bitcoin ETFs appear in various parts of the world, that was first seen with the Blackrock spot ETF in the US. Now, the Netherlands seem to be next on the list with a Bitcoin equities ETF that has started trading in the Euronext Amsterdam Stock Exchange.
True to its name, the Bitcoin equities ETF would allow Dutch investors to be exposed to the basket of stocks of Bitcoin-related companies. This will be a first-of-a-kind experience for the Dutch.
Introduced by the Melanion Capital, the Bitcoin equities ETF would track the Melanion Bitcoin Exposure Index. The Index is a group of companies’ stocks in Europe and America that follow BTC’s market price and movements.
“The Dutch market has shown tremendous interest in digital assets, and we are delighted to offer them an avenue to access this exciting investment opportunity within a regulated framework,” said the CEO of Melanion Capital, Jad Comair. He also stated that the ETF would be a new way of ensuring Dutch investors invest in the Bitcoin ecosystem in a transparent and regulated manner.
The ETF would be under the Undertakings for the Collective Investment in Transferable Securities (UCITS) of the European Commission for compliance. The regulatory body UCITS is responsible for all companies that register and sell trading products across the European Union.
The Melanion Bitcoin Exposure Index includes companies like MicroStrategy that have significant investments in Bitcoin. Several other companies have exposure to Bitcoin that are included in the Index.