Bitcoin mutual fund to start trading on UK exchange
21Shares of Switzerland, which has been developing investment products centered on crypto asset investment trusts, will list Bitcoin investment trusts on the UK exchange. 21Shares will begin trading its Bitcoin ETP on the MTF operated by Aquis Exchange Plc this month. This initiative in the UK will be carried out through a partnership with GHCP, which specializes in ETFs (Exchange Traded Funds). Targeting institutional investors in the UK, 21Shares will capture demand for Bitcoin investment products in the country. The British government has so far been cautious about investing in crypto assets. In January of this year, FCA, the country’s financial regulator, took steps to ban the sale of investment products of crypto assets developed for individual investors. “We’ve been working on this project for several months with 21Shares, and we’ll be able to meet the demands of institutional investors for digital assets in the UK,” said Alas der Haynes, CEO of Aquis Exchange. doing.