The post Australia To Join The Spot BTC ETF Race Starting Tomorrow appeared first on Coinpedia Fintech News

The Monochrome Bitcoin ETF, Australia’s first spot Bitcoin ETF is all set to start trading on June 4, 2024. This move positions Australia alongside the US and Hong Kong in the rapidly growing BTC ETF market. Monochrome’s ETF has unique features like allowing investors to withdraw and self-custody their Bitcoin, setting it apart from other offerings. The ETF will enable direct exposure to Bitcoin with a regulated framework which is expected to draw significant interest from retail and institutional investors to capitalize on the growing adoption of digital assets.