PRESS RELEASE – 15TH AUGUST 2023
In a groundbreaking move that has captured the attention of financial experts and investors alike, Midshore Consulting, a leading consulting firm in the financial sector, has played a pivotal role in the successful launch of Europe’s first Bitcoin Exchange-Traded Fund (ETF). This historic achievement marks a significant milestone in the world of digital asset investment and regulation.
The Jacobi FT Wilshire Bitcoin ETF, which has already been Authorised in Guernsey as a B Scheme fund, is now listed on Euronext Amsterdam. By listing the fund on a premier European stock exchange, this pioneering investment vehicle now has broader market access, increased visibility, and heightened credibility.
The ETF’s launch is a testament to Jacobi’s vision and Midshore’s expertise and dedication in pushing the boundaries of financial innovation. Through meticulous research, strategic planning, and a comprehensive understanding of both the cryptocurrency market and regulatory landscape, Midshore has played a crucial role in bringing this visionary project to fruition.
“Midshore is honoured to have been a key player in the creation and launch of Europe’s first Bitcoin ETF,” said Christopher Jehan, Managing Director at Midshore. “This achievement showcases our commitment to fostering groundbreaking financial solutions that bridge the gap between traditional markets and emerging digital assets. The successful regulatory navigation, structuring, and listing process highlights our team’s ability to deliver impactful results in a rapidly evolving industry.”
The ETF offers investors a regulated and transparent investment vehicle that invests in Bitcoin, providing exposure to the digital asset without the complexities of direct ownership. With Midshore’s guidance, the fund has been meticulously designed to adhere to the highest regulatory standards, ensuring investor protection and market integrity. As an added feature, the Fund has a decarbonisation strategy, using Renewable Energy Certificates (RECs) to offset the carbon footprint of the Bitcoin held. The Fund has achieved status as an “Article 8” fund under the EU’s Sustainable Finance Disclosure Regulation (SFDR).
As cryptocurrencies continue to gain mainstream acceptance and recognition, the launch of Europe’s first Bitcoin ETF marks a pivotal moment in the evolution of the financial landscape. Midshore’s role in this achievement reaffirms its position as a forward-thinking consultancy that thrives on innovation and remains committed to shaping the future of finance.
Midshore is a leading consulting specialising in financial innovation, regulatory structuring, and strategic advisory services. With a track record of delivering cutting-edge solutions, Midshore empowers clients to navigate complex financial markets, seize growth opportunities, and embrace transformative technologies. Learn more at www.midshoreconsulting.com.
Christopher Jehan, Managing Director, Midshore Consulting Limited
Telephone: +44 (0)1481 730733
This press release is for informational purposes only and does not constitute investment advice or an endorsement of any financial product.