Tuesday, June 04, 2024

Australia’s First Spot Bitcoin ETF To Begin Trading

Good news!

"Monochrome Asset Management announced that Bitcoin ETF (IBTC) will begin trading on June 4th, pending any last-minute delays. The ETF will trade under the ticker IBTC and carry a management fee of 0.98%. ... 

Cboe will become the first Australian exchange to list a bitcoin ETF, beating the larger Australian Securities Exchange (ASX) to the market. However, according to reports, the ASX is also planning to approve spot Bitcoin ETFs before the year's end. ..."

Australia’s First Spot Bitcoin ETF To Begin Trading Tomorrow - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights Australia's first spot Bitcoin ETF, the Monochrome Bitcoin ETF (IBTC), is set to begin trading on CBOE tomorrow, marking a new milestone for Bitcoin adoption in Australia.

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