DigitalX to Launch Second Spot Bitcoin ETF on ASX Amid Growing Market Interest

Jul 9, 2024

 DigitalX to Launch Second Spot Bitcoin ETF on ASX Amid Growing Market Interest
 DigitalX to Launch Second Spot Bitcoin ETF on ASX Amid Growing Market Interest
 DigitalX to Launch Second Spot Bitcoin ETF on ASX Amid Growing Market Interest

Australia's main stock exchange, ASX, will soon list its second spot Bitcoin ETF. DigitalX, a blockchain-focused asset manager, received regulatory approval to launch its Bitcoin ETF, which will trade under the ticker BTXX starting July 12. This follows the recent approval of VanEck's Bitcoin ETF, which began trading on June 20. The new ETF aims to provide investors with regulated and direct access to Bitcoin, enhancing market transparency and liquidity. DigitalX has partnered with K2 Asset Management for asset custody and issuance, and 3iQ for promotion and distribution​.