(Reuters) – Australia’s DigitalX stated on Tuesday that it has obtained approval to listing its spot bitcoin exchange-traded fund on the Australian Securities Alternate.
The ETF will function below the ASX ticker BTXX, and can begin buying and selling on Friday, in line with a press assertion.
K2 Asset Administration will act because the issuer of the ETF and digital asset supervisor 3iQ will promote and distribute the ETF domestically and internationally.
“Our providing will allow Australians to spend money on , with out having to handle digital wallets, in a price efficient and safe method,” DigitalX Chief Government Officer Lisa Wade stated within the assertion.