Australia's first spot Bitcoin ETF, the Monochrome Bitcoin ETF (IBTC), is set to launch on the Chicago Board Options Exchange (Cboe) Australia. This ETF will directly hold Bitcoin, unlike previous Australian ETFs that held indirect Bitcoin investments. The launch, originally planned for July, was approved earlier than expected and will start trading on June 4. This move aims to provide investors with a compliant and direct way to participate in the Bitcoin market under Australian financial regulations. #BitcoinETF #Australia #Crypto

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