Gibraltar Lands First European Bitcoin ETIBitcoinETI, which received approval for admission to both exchanges Friday, is an asset-backed ETI invested exclusively in Bitcoin. It will trade on both exchanges under the ticker BTCETI.
The product is issued by iStructure PCC PLC, and is the result of a joint venture between the Gibraltar government and the territory’s financial regulator, together with developers Argentarius ETI Management Limited and iStructure PCC PLC subsidiary Revoltura Ltd.
“By listing the ETI on the Gibraltar Stock Exchange, which is an EU regulated market, we are able to bring a high-level of transparency and liquidity to investors,” Ransu Salovaara, CEO of Revoltura said in a press release issued today.
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https://news.bitcoin.com/gibraltar-first-european-bitcoin-eti/
