CoinShares has introduced its inaugural UCITS exchange-traded fund (ETF) in Europe, tracking publicly listed Bitcoin mining companies. The Irish-domiciled fund, trading as MINE on Deutsche Börse Xetra, offers European investors exposure to the sector under the EU's harmonized regulatory framework.
Investment firm Spiko has integrated Coinbase's stablecoin payment infrastructure into two EU Treasury-bill funds, enabling investors to use USDC and EURC for subscriptions and redemptions. This marks the first UCITS funds in Europe to accept direct stablecoin payments, offering 24/7 transaction capabilities.
The FCA is proposing to allow UK UCITS and most non-UCITS retail schemes to hold crypto exchange-traded notes (ETNs) up to 10% of scheme property. Direct crypto holdings remain excluded, and fund managers will be responsible for due diligence and disclosure.
The UK Financial Conduct Authority (FCA) is proposing a rule allowing UCITS and most non-UCITS retail schemes to hold crypto exchange-traded notes (ETNs) up to 10% of scheme property. This move aims to integrate crypto exposure into regulated fund structures, offering a capped route for diversified portfolios while direct crypto holdings remain excluded.
