Kazakh asset manager Fonte Capital has obtained regulatory clearance to launch Central Asia’s first spot Bitcoin exchange-traded fund on the Astana International Exchange. The Fonte Bitcoin Exchange Traded Fund OEIC, ticker BETF, is set to begin trading on 13 August 2025. Each BETF share is physically backed by bitcoin held in cold storage with U.S.-regulated custodian BitGo Trust, giving regional investors regulated exposure to the cryptocurrency without the operational burden of self-custody. The debut underscores Kazakhstan’s ambition to position itself as a digital-asset hub after its rise in global Bitcoin mining activity, and brings the country in line with markets such as Canada and the United States that already offer spot Bitcoin ETFs.