Three new crypto ETFs to start trading in Australia this week

Australians will soon have more options for cryptocurrency exchanges: ETFs, given the green light earlier this week and new currencies entering the ETF market.

Cboe Australia’s latest update comes on Monday with the release of three previously delayed currencies on Monday, May 12. They include Bitcoin (BTC) ETF, and BTC and Ether (ETH) from Cosmos Property Management. Get ETFs out of 21 shares.

Cboe Australia and Cosmos did not immediately respond to a request for comment, but a 21Shares spokesman confirmed to Cointelegraph:

“We will list it this Thursday, May 12th. Lower basin problems are solved.

On April 26, one day before the start of three of the first crypto ETFs, the Cboe Australia Currency Delay the list of all three currencies due to “regular checks”.

21 Shares told the Cointelegraph at the time that the “service provider downstream” needed more time to support the launch of its products, which were believed to be the main broker or other major financial institution.

The list goes on and on as soon as a new opponent enters the ETF competition. On April 28, 3iQ, a Canadian company with Bitcoin and Ether spot ETFs listed on the Toronto Stock Exchange (TSX), submitted two discount offers to the Australian Securities Exchange (ASX).

Related BlackRig launches blockchain industry EFF, naming it 1 of the 3 biggest opportunities

The announcement indicates that the company plans to offer Bitcoin and Ether ETF units on the Cboe Australia exchange. Canada’s goal is to provide exposure to crypto assets by purchasing shares of funds on TSX similar to Cosmos EFF, which buys Bitcoin ETFs.

It is unknown at this time what he will do after leaving the post. Billion Revenue.

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