The Monochrome Bitcoin ETF is a flagship product of the firm and was initially expected to be listed with Cboe Australia’s larger rival, ASX, where larger volumes are available.
Hong Kong has voiced the most interest in achieving the reality of a bitcoin ETF approval, and that the U.S. approval could move things along faster
“It seemed pretty clear that there should have been concerns raised about… this operation,” Stephen Jones said.
The program will trial an apparent küresel first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth of Bitcoin.
The timeline indicates it could take till 2025 for an Australian digital asset platform to receive a licence under the freshly proposed regime.