Cryptocurrencies
DigitalX to List Bitcoin ETF on Australia’s Main Stock Market
- Fund becomes second of its type to gain approval from ASX
- Firm’s CEO Lisa Wade says ETF will draw new Bitcoin investors
DigitalX Ltd. will launch a Bitcoin exchange-traded fund on Australia’s main stock market after becoming the second asset manager to win approval for such a product from the bourse operated by ASX Ltd.
The DigitalX Bitcoin ETF will list on July 12 under the ticker BTXX, according to a statement from the company on Tuesday. The fund has been established in partnership with K2 Asset Management and 3iQ, DigitalX said.