Publicly-Traded Bitcoin Fund XBT Provider Resumes Trading Following Acquisition by Global Advisors

The XBT Provider instruments Bitcoin Tracker One (Ticker:
COINXBT) and Bitcoin Tracker EUR (Ticker: COINXBE) have resumed
trading in Stockholm after Nasdaq approved
Global
Advisors (Jersey) Limited

as a new guarantor of a Exchange Traded Certificates (ETC) with
XBT
Group

becoming a auxiliary of GAJL after a categorical stockholder, Bitcoin
miner organisation KnC Miner, announced bankruptcy.

Trading of a company’s dual instruments was halted by Nasdaq
Nordic on May 27. During a two-week deficiency of a instruments,
Bitcoin prices had risen by around $200.

Following a failure of KnC Miner, XBT Provider had
limited time with Nasdaq to find a new primogenitor before the
products were delisted permanently. Now, however, with a Global
Advisors merger of XBT, a total organisation will continue to
offer a publicly-traded bitcoin product.

“Global will also move all a best practices schooled around GABI
to XBT and share resources in an fit way,” Daniel Masters,
co-founder and executive of Global Advisors, told
Bitcoin Magazine

.

After 30-year careers in mainstream line and as managers
of a Global Advisors Commodity Investment Fund and a Global
Advisors Commodity Systematic Fund, a principals see opportunity
in Bitcoin as an rising commodity and banking and trust that
Bitcoin will change a world.

“In unison with



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