Australia’s First Spot Bitcoin ETF To Launch This Week

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  • Two bitcoin ETFs in Australia are set to launch this Thursday, May 12.
  • The 21 Shares Bitcoin ETF will offer direct access to bitcoin backed by BTC in cold storage.
  • The Cosmos Purpose Bitcoin Access ETF will allow investors to invest in shares of Purpose Investment’s spot-bitcoin ETF located in North America.

Two bitcoin exchange-traded-funds (ETFs) are set to go live on Thursday in Australia after a delay stalled the previous launch date of April 27, according to announcements made by the Cboe Australia exchange.

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