Borsa Italiana Lists Bitcoin ETF by Melanion Capital

Borsa Italiana

Borsa Italiana has added Melanion Capital’s Bitcoin-thematic exchange-traded fund as Italy records a growing number of institutional and individual crypto investors.  

Melanion Bitcoin Equities Universe UCITS ETF is an equity ETF centered on stocks within the cryptocurrency space. The company’s representative adds that the EFT will be availed to as many users as possible.

Melanion Capital shifted its focus to the Italian market following the launch of a Bitcoin-thematic ETF in October 2021on Euronext Paris. The accompanying note adds that the ETF enables savers to have BTC exposure in their plans.

Global Blockchain Business Council ambassador Nicolas Bertrand remarked that Italian investors have a growing demand for cryptocurrencies. He says that the asset class should be integrated into traditional investment vehicles.

Bertrand opined that institutional clients in Italy have a growing adoption of cryptocurrency. He cited that the country was in the top 10 ranking in crypto usage before 2021.

Source: Cointelegraph

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