The Australian Securities Exchange (ASX) welcomes DigitalX’s Bitcoin Spot ETF, listed under the symbol BTXX.
This ETF, launched in partnership with K2 Asset Management and 3iQ, simplifies Bitcoin investment for Australians.
The BTXX follows the recent launch of VanEck’s Bitcoin Spot ETF on the ASX, further strengthening interest in crypto-related financial products in Australia.
The Australian Securities Exchange (ASX) welcomes a new Bitcoin Spot ETF with the introduction of DigitalX’s Bitcoin ETF, which will be listed under the symbol BTXX.
The launch of DigitalX’s Bitcoin ETF in the Australian market is a pivotal moment for DigitalX and for the overall Australian market for digital asset investments. Allowing Australians to invest in BTC in a safe and affordable manner, without having to manage digital wallets, will be a game-changer.
Lisa Wade, CEO of DigitalX
Partnership and innovation
DigitalX’s ETF is issued in partnership with K2 Asset Management and the Canadian crypto company 3iQ, known for launching some of the first crypto ETFs in Toronto in 2021. This partnership combines local and international expertise to offer an innovative and secure financial product to Australian investors.
Bitcoin ETF market context
The launch of DigitalX’s Bitcoin Spot ETF comes shortly after VanEck’s, which also introduced a BTC ETF on the ASX, following the example of its U.S. counterpart.
Since their introduction, American Bitcoin ETFs have attracted over $15 billion in net flows, demonstrating the growing interest in these financial products. DigitalX’s BTXX adds to this global trend, offering a new investment opportunity to Australians.
