Launch of Australia's First Bitcoin ETF Gets Postponed

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Australia's Bitcoin ETF is yet to start trading

, April 27 was supposed to be a historic day for Australia's financial markets because of the Bitcoin ETF debut. Cosmos Asset Management's Bitcoin ETF was supposed to go live at 10:30 a.m. local time after obtaining approval from the Australia Securities Exchange .

Cboe Australia claims that"standard checks" are still being completed. An unnamed third-party broker is reportedly stalling the listing. Cosmos, which was founded by cryptocurrency miner Mawson Infrastructure Group, already has existing products. Last year, it issued the Cosmos Global Digital Miners Access ETF.

 

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