DigitalX announces that its Bitcoin spot ETF will be listed on ASX, Australia’s largest stock exchange

Following the pace of the United States and Hong Kong, Australia has also ushered in a wave of Bitcoin spot ETF listings. Asset management company DigitalX announced that its Bitcoin spot ETF has been approved by the Australian Securities Exchange (ASX) and is expected to be officially listed for trading on July 12.

According to the official statement of DigitalX, this fund is issued in cooperation with K2 Asset Management and Canadian digital asset company 3iQ. The trading code is "BTXX". It is also the second fund approved on Australia's largest stock exchange ASX after VanEck's VBTC. Listed Bitcoin spot ETF.

DigitalX CEO Lisa Wade said in a press release: "The launch of the DigitalX Bitcoin ETF is a watershed moment for DigitalX and the entire Australian digital asset investment market."

Let Australians invest in a safe and affordable way. Investing in Bitcoin without having to manage a digital wallet is a game changer.

I believe this will attract new players to the market and ultimately allow institutions to incorporate Bitcoin and digital assets into strategic asset allocations.

"Bloomberg" pointed out that Sydney-based fund management company BetaShares Holdings Pty is also applying to launch Bitcoin and Ethereum ETFs on the ASX exchange.

Since being approved for listing in January this year, the total net inflow of the 11 U.S. Bitcoin spot ETFs has so far exceeded US$15 billion.

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