• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Italy's First Bitcoin ETF-Linked Certificate by UniCredit

user avatar

by Giorgi Kostiuk

5 hours ago


UniCredit SpA, Italy's second-largest bank, has announced the launch of the country's first structured certificate linked to a Bitcoin ETF, aimed at professional investors seeking regulated crypto exposure.

Launch of UniCredit's Certificate

UniCredit has launched the first Bitcoin ETF-linked certificate in Italy, which highlights the rising institutional demand for regulated crypto investments. Chicco Di Stasi, the head of Wealth Management at UniCredit, emphasized its significance for the Italian market.

Features of the Certificate

The certificate targets professional clients and offers 100% capital protection with returns up to 85% of ETF performance. It requires a minimum investment of $25,000, making it accessible to a limited clientele.

Impact on the Bitcoin Market

The launch of this new financial product may lead to increased demand for the iShares Bitcoin Trust ETF, although clients do not hold direct ownership of cryptocurrency. This reflects a growing interest from institutional investors in regulated, indirect methods of investing in digital assets.

UniCredit's initiative represents a strategic move into the growing cryptocurrency market, responding to the demands of professional clients, which may influence future financial trends.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Promising Altcoins: BlockDAG, Litecoin, XRP and Cardano

chest

Some altcoins, including BlockDAG and Litecoin, show long-term growth potential in the crypto market.

user avatarGiorgi Kostiuk

Elon Musk Announces America Party Supporting Bitcoin

chest

Elon Musk has announced the formation of the America Party, endorsing Bitcoin while dismissing fiat currencies, garnering public interest.

user avatarGiorgi Kostiuk

Hong Kong Launches Digital Assets in Exchange Traded Products

chest

Hong Kong integrates digital assets into its exchange-traded product system, enhancing liquidity and attracting investors.

user avatarGiorgi Kostiuk

Shenzhen Raises Concerns Over Stablecoin Legitimacy in Financial Systems

chest

Shenzhen has declared war on illegal fundraising using stablecoins, urging the public to remain vigilant.

user avatarGiorgi Kostiuk

Pilot Project of Digital Dollar by Bank of Canada Based on OpenCBDC 2PC

chest

The Bank of Canada has launched a pilot project for a digital dollar exploring the balance of privacy, compliance, and decentralization.

user avatarGiorgi Kostiuk

Optimistic Crypto Market Forecasts: Bitcoin and Altcoins in July 2023

chest

Crypto trader Pentoshi predicts growth for Bitcoin and altcoins amid favorable macroeconomic conditions and regulation progress.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.