Vinanz Limited - US Financial Regulator Approves Bitcoin ETFs
Announcement provided by
Vinanz Limited · BTC11/01/2024 09:27
11 January 2024
This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
Vinanz Limited
("Vinanz" or "the Company")
US Financial Regulator Approves Bitcoin ETFs
Vianna Limited (London AQSE: BTC and US OTCQB: VINZF), the
Vinanz specialises in mining Bitcoin, and this extra liquidity expected in the global Bitcoin markets with the creation of regulated ETFs in the US is very positive for the Company's business model and expansion plans.
David Lenigas, Vinanz's Chairman, commented.
"The SEC's approval of spot ETFs is a landmark event for the adoption of cryptocurrency by mainstream finance, as the ETF structure gives institutions and financial advisors in the US a familiar and regulated way for investors to buy exposure to Bitcoin."
"This move by the SEC provides the most tangible link ever that irrevocably joins fiat money with cryptocurrency and should see increased money flow between fiat money and Bitcoin and makes Bitcoin far more mainstream than ever thought possible."
"The SEC's approval for spot ETFs applications from some of the world's biggest financial institutions such as BlackRock, Fidelity, Invesco and VanEck is a huge positive for the institutionalisation of Bitcoin as an asset class."
The Company's admission document is available to view on its website www.vinanz.co.uk
The directors of Vinanz Limited accept responsibility for this announcement.
For further information please contact:
Vinanz Limited
David Lenigas david@vinanz.co.uk
Jeremy Edelman jeremy@vinanz.co.uk
First Sentinel (Corporate Adviser and Broker)
Brian Stockbridge brian@first-sentinel.com
+44 (0) 7858 888 007
Clear Capital Markets (Broker)
Bob Roberts bobroberts@clear-cm.co.uk
+44 (0) 20 3869 6080
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.