Australia’s First Spot Bitcoin ETF To Launch This Week

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  • Two bit­coin ETFs in Aus­tralia are set to launch this Thurs­day, May 12. 
  • The 21 Shares Bit­coin ETF will offer direct access to bit­coin backed by BTC in cold storage. 
  • The Cos­mos Pur­pose Bit­coin Access ETF will allow investors to invest in shares of Pur­pose Investment’s spot-bit­coin ETF locat­ed in North America. 

Two bit­coin exchange-trad­ed-funds (ETFs) are set to go live on Thurs­day in Aus­tralia after a delay stalled the pre­vi­ous launch date of April 27, accord­ing to announce­ments made by the Cboe Aus­tralia exchange.

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