According to Bloomberg, DigitalX will launch its Bitcoin ETF on the Australian main board market on July 12 with the stock code BTXX. DigitalX said the fund was established in partnership with K2 Asset Management and 3iQ.

The fund will be the second of its kind to be approved by the Australian Securities Exchange (ASX), which approved VanEck’s bitcoin ETF last month. In addition, Sydney-based fund manager BetaShares Holdings Pty has also applied to launch bitcoin and ethereum ETFs on the ASX.