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Bitcoin Investment Fund GABI admitted for trading on the British Stock Exchange Channel Islands

British Stock Exchange Channel Islands admitted Bitcoin investment fund Global Advisors Bitcoin Investment Fund (GABI) to trading. A press release was published by the fund on December 19.

Thus, GABI Fund has become the world's first Bitcoin-investment fund admitted to trading on the stock exchange.

"Now is the best time for such action. Bitcoin market capitalization excesses $12.4 billion, which is a peak. In addition, Bitcoin is a leader on cryptocurrency market. GABI provides professional management of risks associated with Bitcoin-assets and has the tools that provide a full range of services," the Global Advisor's head Daniel Masters commented on this event.

Recall that in July this year, the Securities and Exchange Commission (SEC) has registered an application for the first stock investment fund (ETF), focusing exclusively on Ethereum cryptocurrency. EtherIndex Ether Trust is registered by EtherIndex LLC of Delaware and aims to provide shareholders with access to trading transactions with Ethereum against the US dollar.

Source: forklog

  • December 22, 2016 5:48 PM MSK