New Bitcoin ETF in Australia - BitcoinEthereumNews.com
BitcoinBagong Bitcoin ETF sa Australia06 / 08 / 2022Balita ng Ethereum ng Bitcoin A new ETF on the spot price of Bitcoin has been launched in Australia. New ETF based on the spot value of Bitcoin arrives in Australia Australia beats the US on time by issuing a Bitcoin spot ETF It is called 3iQ CoinShares Bitcoin Feeder ETF (BT3Q), and it has been launched by 3iQ. 3iQ is Canadas largest digital asset fund manager and in addition to the Bitcoin spot ETF, it has also launched an Ethereum ETF, 3iQ CoinShares Ether Feeder (ET3Q). The two ETFs are domiciled in Australia and already listed on Cboe. Both will act as a “feeder fund” providing access to the 3iQ CoinShares Bitcoin ETF and the 3iQ CoinShares Ether ETF domiciled in Canada through a dual regulated fund structure. The latter are listed on the Toronto Stock Exchange. By now, several spot Bitcoin ETFs are available on the Toronto Stock Exchange, while none have yet been authorized by the SEC Sa us. It is difficult to understand why these investment instruments can be made available on the Toronto Stock Exchange and not on those in New York or Chicago for example, but it is probably only a legal issue. The SEC has