Australia’s First Bitcoin ETF To List Next Week: Report

  • Australia’s first bitcoin ETF is reportedly set to list next week.
  • Cosmos Asset Management’s product would invest in Canada’s Purpose Bitcoin ETF, North America’s first bitcoin spot ETF that went live last year.
  • The approval is set to come on Wednesday as participants agree on a strict 42% margin requirement for the offering.

The first Australian bitcoin exchange-traded fund (ETF) is set to list on the Cboe next week as the country’s major equity markets clearing house gives participants the green light, reported the Australian Financial Review.