Australian Asset Manager Monochrome Applies With Cboe Australia for a Spot Bitcoin ETF, Eyes Decision By Mid-Year

Australia-based Monochrome Asset Management has applied for a spot bitcoin (BTC) exchange traded fund (ETF) with the global listing exchange, Cboe Australia, the firm announced on Friday . If approved, the Monochrome Bitcoin ETF could be the first spot bitcoin ETF in Australia which allows direct holding of bitcoin. Australia already has two exchange-traded products providing exposure to spot crypto assets on Cboe Australia but they do not hold bitcoin directly. The Monochrome Bitcoin ETF is a flagship product of the firm. It could have also been listed with Cboe...