The launch of bitcoin and ether ETFs on the Australian Securities Exchange (ASX) by Betashares provides Australian investors with a regulated and accessible way to gain exposure to digital assets.
Betashares Expands Crypto Offerings With Bitcoin and Ethereum ETFs in Australia
Betashares has officially launched its bitcoin and ether ETFs on the Australian Securities Exchange (ASX), reinforcing the increasing integration of crypto into mainstream investment portfolios.
The Betashares bitcoin ETF and Betashares ether ETF, both introduced with a 0.45% annual management fee, were developed in partnership with crypto index fund manager Bitwise.
Betashares CEO Alex Vynokur emphasized that global investor demand for digital assets is rising, and the new ETFs provide a regulated and simplified alternative to direct crypto ownership.
By partnering with Bitwise, a global leader in crypto asset management, we’re delivering best-in-class solutions for Australian investors who want exposure to bitcoin and ether without the complexity of cryptocurrency purchase and storage, Vynokur said.
The launch follows a wave of strong adoption of bitcoin ETFs globally, particularly in the U.S., and aligns with ether’s expanding role in decentralized finance (DeFi).
This marks Betashares’ latest venture into crypto investing, following the 2021 launch of the Betashares crypto innovators ETF, further solidifying its commitment to bringing institutional-grade digital asset solutions to the Australian market.
Read the full article here
