Two more crypto ETFs launch in Australia
Two crypto-backed ETFs launched on Cboe in Australia on Monday, making the total number of crypto ETFs six
By Shashank Bhardwaj
Two crypto-backed exchange-traded funds (ETFs) were launched on the Cboe Australia exchange on Monday. The dual launch brings the total number of crypto ETFs available to the Australian traders to six.
Two spot ETFs–the 3iQ CoinShares Ether (ETH), Feeder ETF and the 3iQ CoinShares Bitcoin (BTC) Feeder ETF–were launched by the Canada-based 3iQ Digital Asset Management.
The holdings of BTC and ETH in cold storage by the Gemini crypto exchange form the underlying assets of the Canadian ETFs.
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