Australians will soon have more options for Crypto ETFs after receiving the green light this week, issued by Cboe Australia.announcethat the previous 3 delayed funds Expected to begin trading on Thursday, May 12, it includes a Bitcoin ETF from Cosmos Asset Management, as well as a Bitcoin (BTC) and Ethereum (ETH) spot ETF from 21Shares.
“We are listing on May 12th, the issue is being resolved.”
Flashback on April 26, a day before the launch of the first three ETFs. Cboe Australia has delayed listing.The three funds, because they must have “Standard Inspection”
21Shares said “endpoint providers” need more time to support the launch of products they believe are leading brokers or other large financial institutions.
“As crypto ETFs are completely new to Australia. And the infrastructure is built from the ground up. This leaves operators needing more time to support the launch,” 21Shares said last month.
Cboe Australia, a unit of Cboe Global Markets, has confirmed on its website that it will list three new crypto ETFs on May 12.
Both Cosmos and 21Shares compete to be the first to provide Australians access to the crypto world through ETFs.
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