Malta financial watchdog approves Iconic's crypto index fund for stock market li

[Tnoy30]

Iconic Funds claims its index fund will be Europe’s first with direct exposure to crypto assets listed on a regulated market. The Malta Financial Services Authority has greenlit the crypto asset index fund from asset manager Iconic Funds for listing on the Malta Stock Exchange.

In an Wednesday announcement, Iconic Funds said it expected to list its BITA20 XA Crypto Asset Index Fund on the exchange “in the coming days,” with the fund offering direct exposure to cryptocurrencies. The fund invests most of its capital in the top 20 cryptocurrencies in addition to depositing tokens into certain staking and interest-bearing accounts. According to Iconic, only individuals who qualify—and not the general public—will be eligible to invest in the fund.
Source: Malta financial watchdog approves Iconic's crypto index fund for stock market listing

[Rinat8368834]

Malta Financial Services Authority has approved a cryptocurrency asset index from Asset Manager Iconic Funds for listing on the Malta Stock Exchange. In an October 20 announcement, Iconic Funds said it plans to list its BITA20 XA Cryptocurrency Index Fund on the exchange in the coming days. The fund will offer direct access to cryptocurrencies.
Source link: https://cryptonews.net/ru/editorial/news/finansovyy-nadzor-malty-odobril-indeksnyy-fond-kriptovalyuty-iconic-dlya-listinga-na-fondovoy-birje/