Australia’s First Spot Bitcoin ETF To Launch Next Week

Australia’s First Spot Bitcoin ETF To Launch Next Week

21Shares is set to become the first issuer to launch a spot bitcoin ETF in Australia after Cosmos announced its de-facto fund of funds.Cryptocurrency-focused company 21Shares has teamed up with leading exchange-traded fund (ETF) provider ETF Securities to launch Australia’s first spot bitcoin ETF, the firm said in a statement Tuesday.The 21Shares Bitcoin ETF (EBTC) is set to go live on the country’s Cboe trading platform, formerly Chi-X, on April 27. 21Shares’ product joins a similar fund from Cosmos Asset Management that will start trading on the same day.Cosmos’ product became the first....

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