Jul 9, 09:06 AM

DigitalX to Launch BTXX Spot Bitcoin ETF on ASX July 12

DigitalX Limited has received approval to launch a spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX). The ETF, trading under the ticker BTXX, is set to debut on Friday, July 12, 2024. This marks the second Bitcoin ETF to be approved on the ASX, following VanEck's listing on June 20. The approval was granted on July 9th. The launch of this ETF is in collaboration with K2 Asset Management and 3iQ, providing Australian investors with another option to gain exposure to Bitcoin through the stock market.