Jacobi Asset Management to launch Europe's first bitcoin ETF on Euronext

FILE PHOTO: A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo

BRUSSELS (Reuters) -Jacobi Asset Management said on Thursday that it would launch Europe's first bitcoin exchange-traded-fund (ETF) on the Euronext exchange, in a sign of the cryptocurrency's appeal despite its volatile price swings.

The company said its Jacobi Bitcoin ETF would start trading in July on Euronext Amsterdam under the symbol of 'BCOIN'.