Monochrome's IBTC ETF on CBOE exchange has 0.98% fee, overseen by ASIC for investor protection. Collaboration with Gemini ensures legal rights to Bitcoin in the fund.
Spot crypto ETFs mirror crypto market prices, invest in specific cryptocurrencies, and are traded on public exchanges. U.S. and Hong Kong also approving spot Bitcoin ETFs.
The U.S. House of Representatives passing FIT21 Act shows openness to crypto, while Australia's milestone with Bitcoin ETF reflects global adoption of crypto derivatives.
Collection
[
|
...
]