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Australia launches the first spot Bitcoin ETF Australia has officially joined a team of pioneering countries in the field of Bitcoin investment, including Hong Kong, Canada and the US, with the launch of the first spot Bitcoin ETF fund that allows investors to hold Bitcoin directly. Australia's first spot Bitcoin ETF named Monochrome Bitcoin ETF (IBTC), will officially be available on the Cboe Australia exchange on Tuesday, June 4. This is an important step forward, marking the development of the digital asset market in this country. Although Australia previously had a number of Bitcoin-related trading products on the exchange, Monochrome Asset Management's IBTC was the first fund to be licensed under the Australian Financial Services (AFS) new crypto asset regulation in 2021. This means that IBTC will be allowed to hold Bitcoin directly, instead of through derivatives as before. Monochrome is committed to ensuring the safety of IBTC's Bitcoin holdings by storing them offline in dedicated, non-Internet devices and using a custody solution that meets Australia's strict standards. Monochrome CEO Jeff Yew shared that he expects IBTC to attract great interest from investors, based on the steady growth of indirect Bitcoin ETF products in recent months. Not only stopping at Bitcoin, Monochrome also plans to launch a similar ETH ETF, which will also directly hold Ethereum. The company is also actively exploring other opportunities in the digital asset sector to meet the growing demand of investors. The birth of IBTC is considered an important turning point, which can promote investment capital inflows into the Bitcoin market in Australia and contribute to the development of the blockchain industry in general.$BTC #BTCETF_COIN

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TRUMP token recovers from nasty dip after Donald Trump guilty verdict Meanwhile, the Jeo Boden (BODEN) meme coin linked to Trump’s arch-rival, Joe Biden, rallied 6.4% in the first 15 minutes before dumping again. The largest meme coin tied to United States presidential candidate Donald Trump has recovered after plummeting 16% moments after he was found guilty on 34 felony counts for falsifying business records. The case related to Trump concealing a hush money payment to adult entertainment star Stormy Daniels, which will now move to sentencing. Despite the conviction, Trump maintains his innocence and called the outcome of the trial a “disgrace.” "This was a rigged trial by a conflicted judge who was corrupt,” Trump said “This was done by the Biden administration in order to wound or hurt a political opponent [...] The real trial is going to be November 5 by the people.” Cre:”Cointelegraph”

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FET, AGIX and OCEAN close the date of token consolidation into ASI coin The merger of the three leading artificial intelligence protocols including Fetch.ai, SingularityNET and Ocean Protocol to form the Transcendental Artificial Intelligence Alliance (ASI) will be completed on June 13. According to the plan, the three parties will plan to merge their tokens under the auspices of Fetch.ai (FET), and the new token will be named ASI. As of June 11, users can change FET to ASI, while the conversion of native tokens of SingularityNET (AGIX) and Ocean Protocol (OCEAN) will be carried out when the merger is completed two days later, on June 13, the companies said. ASI coin is a cryptocurrency in the Artificial Intelligence Alliance (ASI Alliance) project, with the goal of developing decentralized General Artificial Intelligence (AGI). This alliance was created from the merger of three major blockchain projects, Fetch.ai (FET), SingularityNET (AGIX) and Ocean Protocol (OCEAN) to optimize resources and accelerate the process of achieving AGI. To put it more simply, ASI coin is a unified version of 3 tokens FET, AGIX and OCEAN. #ASI

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