DigitalX Ltd. will launch a bitcoin exchange-traded fund on Australia's main stock market, becoming the second asset manager to receive approval from an exchange operated by the Australian Securities Exchange (ASX Ltd.) to launch such a product.
According to a statement from the company on Tuesday, the DigitalX Bitcoin ETF will be listed on July 12 under the ticker symbol BTXX. DigitalX said the fund was formed in partnership with K2 Asset Management and 3iQ.
Last month, the Australian Securities Exchange (ASX) approved VanEck's bitcoin ETF, and DigitalX went public a few weeks later. Sydney-based fund manager BetaShares Holdings Pty has also applied to launch bitcoin and ether ETFs on the ASX.
DigitalX will list a bitcoin ETF on Australia's main securities market
2024-07-09 00:26:43
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