Today marks the first year anniversary of the issuance of the world’s first Bitcoin thematic UCITS ETF. Since its creation, it is still the most traded Bitcoin related exchange-traded product on Euronext Paris and France’s first and only instrument eligible both for French life insurance contracts and retirement plans known as “PER”.
All this was made possible by working closely with Societe Generale Securities Services – SGSS, GHCO, BITA, and the warm welcoming of Euronext and Borsa Italiana, finally, we were able to offer a regulated and viable exposure to Bitcoin and Crypto thematic.
“We’re happy to see France becoming Europe’s crypto hub. Melanion’s ETF was only a checkpoint on Melanion’s roadmap in driving innovation in the Bitcoin and Crypto space, and in Finance in general, in France and in Europe.” said Jad Comair, Founder and CEO of Melanion Capital.
“There is a clear “crypto-institutionalization”. Over the past few months, we have felt a growing interest and appetite for our product from the wealth and asset management community.
Our product perfectly and simply meets the needs of clients who want to be exposed to the Bitcoin theme, without having to go directly or indirectly through unregulated platforms. ” said Cyril Sabbagh, Managing Director at Melanion Capital.