‘Bitcoin-thematic’ ETF lists on Italian stock exchange Borsa Italiana

The Italian Stock Exchange, Borsa Italiana, this morning listed a “Bitcoin (BTC)-thematic” exchange-traded fund (ETF) by Melanion Capital, bringing Bitcoin exposure to Italian institutions and retirement plans. Cyril Sabbagh, managing director at Melanion Capital told Cointelegraph, “the Melanion BTC Equities Universe UCITS ETF is an equity ETF around stocks in the crypto ecosystem.” Sabbagh explained that the ETF would be “accessible to as many people as possible.” “The Italian Stock Exchange (Borsa Italiana) has not accepted any ‘spot ETFs’ but welcomes our thematic ETF!” Following the successful launch of a…

Euronext to Purchase Borsa Italiana from LSE for Over $5 Billion

Stephane Boujnah, CEO and chairman of the managing board of Euronext, has described the deal with LSE as a “significant achievement” in the firm’s strategic plan. London Stock Exchange (LSE), the largest and the primary stock exchange in the United Kingdom, has agreed to sell Borsa Italiana stock exchange to French rival Euronext in a deal worth 4.3 billion euros ($5 billion). Moreover, the London Stock Exchange expects an additional amount reflecting cash generation to completion in the near future. The Italian Bourse was acquired by London Stock Exchange back…