Sygnia bemoans JSE’s refusal of bitcoin ETF
The firm, cofounded by Magda Wierzycka, says the bourse twice rejected its request
08 June 2021 - 15:24
Sygnia, the asset management firm cofounded by Magda Wierzycka, has bemoaned the JSE’s refusal of its request to list what would have been SA’s first bitcoin-based exchange-traded fund (ETF) on the grounds that no national policy exists to guide the listing of crypto assets.
Cape Town-based Sygnia, which has about R27bn in assets invested in its ETFs, is the second-largest provider of the passive investment products in SA...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.