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Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Approval in Tandem With Crypto Trends<\/h2>\n\n\n\n

The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

See Related: <\/em><\/strong>CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0<\/a><\/p>\n\n\n\n

Approval in Tandem With Crypto Trends<\/h2>\n\n\n\n

The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

 \u201cBefore IBTC, Australian investors were only able to invest in ETFs that indirectly hold bitcoin or through offshore bitcoin products, both of which don\u2019t benefit from the investor protection rules under the directly held crypto asset Australian Financial Services Licensing (AFSL) licensing regime.\u201d<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0<\/a><\/p>\n\n\n\n

Approval in Tandem With Crypto Trends<\/h2>\n\n\n\n

The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Although Australia has two ETFs that give investors exposure to spot crypto assets on Cboe Australia, none permits direct holding of Bitcoin. Monochrome said ahead of the IBTC debut:<\/p>\n\n\n\n

 \u201cBefore IBTC, Australian investors were only able to invest in ETFs that indirectly hold bitcoin or through offshore bitcoin products, both of which don\u2019t benefit from the investor protection rules under the directly held crypto asset Australian Financial Services Licensing (AFSL) licensing regime.\u201d<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0<\/a><\/p>\n\n\n\n

Approval in Tandem With Crypto Trends<\/h2>\n\n\n\n

The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Monochrome Bitcoin exchange-traded fund, IBTC, will reportedly debut on the Cboe Australia Exchange on Tuesday. The ETF by Monochrome Asset Management is the first and only existing product that holds Bitcoin directly in Australia.<\/p>\n\n\n\n

Although Australia has two ETFs that give investors exposure to spot crypto assets on Cboe Australia, none permits direct holding of Bitcoin. Monochrome said ahead of the IBTC debut:<\/p>\n\n\n\n

 \u201cBefore IBTC, Australian investors were only able to invest in ETFs that indirectly hold bitcoin or through offshore bitcoin products, both of which don\u2019t benefit from the investor protection rules under the directly held crypto asset Australian Financial Services Licensing (AFSL) licensing regime.\u201d<\/em><\/p>\n\n\n\n

See Related: <\/em><\/strong>CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0<\/a><\/p>\n\n\n\n

Approval in Tandem With Crypto Trends<\/h2>\n\n\n\n

The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
  • Approval of ETFs in the US has fueled a frenzy for spot ETFs.<\/li>\n<\/ul>\n\n\n\n

    Monochrome Bitcoin exchange-traded fund, IBTC, will reportedly debut on the Cboe Australia Exchange on Tuesday. The ETF by Monochrome Asset Management is the first and only existing product that holds Bitcoin directly in Australia.<\/p>\n\n\n\n

    Although Australia has two ETFs that give investors exposure to spot crypto assets on Cboe Australia, none permits direct holding of Bitcoin. Monochrome said ahead of the IBTC debut:<\/p>\n\n\n\n

     \u201cBefore IBTC, Australian investors were only able to invest in ETFs that indirectly hold bitcoin or through offshore bitcoin products, both of which don\u2019t benefit from the investor protection rules under the directly held crypto asset Australian Financial Services Licensing (AFSL) licensing regime.\u201d<\/em><\/p>\n\n\n\n

    See Related: <\/em><\/strong>CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0<\/a><\/p>\n\n\n\n

    Approval in Tandem With Crypto Trends<\/h2>\n\n\n\n

    The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

    Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

    Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
  • IBTC, an ETF by Monochrome Asset Management, will start trading on Cboe Australia.<\/li>\n\n\n\n
  • Approval of ETFs in the US has fueled a frenzy for spot ETFs.<\/li>\n<\/ul>\n\n\n\n

    Monochrome Bitcoin exchange-traded fund, IBTC, will reportedly debut on the Cboe Australia Exchange on Tuesday. The ETF by Monochrome Asset Management is the first and only existing product that holds Bitcoin directly in Australia.<\/p>\n\n\n\n

    Although Australia has two ETFs that give investors exposure to spot crypto assets on Cboe Australia, none permits direct holding of Bitcoin. Monochrome said ahead of the IBTC debut:<\/p>\n\n\n\n

     \u201cBefore IBTC, Australian investors were only able to invest in ETFs that indirectly hold bitcoin or through offshore bitcoin products, both of which don\u2019t benefit from the investor protection rules under the directly held crypto asset Australian Financial Services Licensing (AFSL) licensing regime.\u201d<\/em><\/p>\n\n\n\n

    See Related: <\/em><\/strong>CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0<\/a><\/p>\n\n\n\n

    Approval in Tandem With Crypto Trends<\/h2>\n\n\n\n

    The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

    Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

    Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    Twitter Instagram Youtube LinkedIn Facebook RSS
    ADVERTISEMENT
    \n
      \n
    • IBTC, an ETF by Monochrome Asset Management, will start trading on Cboe Australia.<\/li>\n\n\n\n
    • Approval of ETFs in the US has fueled a frenzy for spot ETFs.<\/li>\n<\/ul>\n\n\n\n

      Monochrome Bitcoin exchange-traded fund, IBTC, will reportedly debut on the Cboe Australia Exchange on Tuesday. The ETF by Monochrome Asset Management is the first and only existing product that holds Bitcoin directly in Australia.<\/p>\n\n\n\n

      Although Australia has two ETFs that give investors exposure to spot crypto assets on Cboe Australia, none permits direct holding of Bitcoin. Monochrome said ahead of the IBTC debut:<\/p>\n\n\n\n

       \u201cBefore IBTC, Australian investors were only able to invest in ETFs that indirectly hold bitcoin or through offshore bitcoin products, both of which don\u2019t benefit from the investor protection rules under the directly held crypto asset Australian Financial Services Licensing (AFSL) licensing regime.\u201d<\/em><\/p>\n\n\n\n

      See Related: <\/em><\/strong>CBOE To Offer BTC And ETH Margin Futures Trading In January\u00a0<\/a><\/p>\n\n\n\n

      Approval in Tandem With Crypto Trends<\/h2>\n\n\n\n

      The launch of Monochrome\u2019s spot ETF comes months after the US, in January 2024, approved its first spot Bitcoin ETFs.  The products have seen significant inflows as investors eye direct exposure to the world\u2019s leading cryptocurrency.<\/p>\n\n\n\n

      Hong Kong<\/a> swiftly followed while Australia showed a willingness to accept similar products. This has seen Monochrome\u2019s ETF earning swift approval despite the company applying<\/a> in April.<\/p>\n\n\n\n

      Monochrome\u2019s CEO Jeff Yew believes the approval of IBTC aligns with the company\u2019s investor protection mission of offering a secure, straightforward, and compliant pathway for participating in the transformative crypto space. Consequently, Australian firms are required to be approved by the Australian Securities & Investments Commission (ASIC) before being permitted to list their products.<\/p>\n","post_title":"Australia\u2019s First And Only ETF With Direct Bitcoin Exposure To Begin Trading On Tuesday\u00a0","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-and-only-etf-with-direct-bitcoin-exposure-to-begin-trading-on-tuesday","to_ping":"","pinged":"","post_modified":"2024-06-12 00:14:53","post_modified_gmt":"2024-06-11 14:14:53","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17229","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

      Most Read

      Subscribe To Our Newsletter

      By subscribing, you agree with our privacy and terms.

      Follow The Distributed

      Twitter Instagram Youtube LinkedIn Facebook RSS
      ADVERTISEMENT

      Cboe Australia

      Most Read

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