According to PANews, DigitalX Ltd. is set to launch a Bitcoin Exchange Traded Fund (ETF) on the Australian mainboard market, making it the second such product to receive approval from the ASX. The DigitalX Bitcoin ETF is scheduled to be listed on July 12th under the code BTXX. This fund was established in collaboration with K2 Asset Management and 3iQ.
The listing of DigitalX follows closely on the heels of the VanEck Bitcoin ETF, which received ASX approval last month. Sydney-based fund management company BetaShares Holdings Pty has also applied to launch Bitcoin and Ethereum ETFs on the ASX.