Australian Spot BTC ETF Launches

June 3, 2024 Tóth Balázs

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Australia-based Monochrome Asset Management announced that its spot BTC exchange-traded fund (IBTC) will be available for trading starting tomorrow, listed on the Cboe Australia exchange. This product is the first and only ETF in Australia that directly holds bitcoin; other similar products only hold bitcoin indirectly and are not subject to investor protection rules under the Australian Financial Services Licensing (AFSL) regime.

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Australian Spot BTC ETF Launches

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