Australia's stock exchange has approved its second spot Bitcoin ETF, with DigitalX set to launch BTXX on July 12, providing regulated and direct Bitcoin access.
DigitalX's Spot Bitcoin ETF to Launch on ASX
According to Cointelegraph, DigitalX, an asset manager that focuses on blockchain technology, has been granted regulatory approval to start its spot Bitcoin exchange-traded fund (ETF). This ETF will be the second Bitcoin ETF to trade on the Australian Securities Exchange (ASX).
It was stated by the company in a post that was published on July 8 X that the DigitalX Bitcoin ETF will be listed on July 12 at 10 am local time under the ticker symbol BTXX.
Industry Leaders Celebrate a Milestone
BTXX's Chief Executive Officer, Lisa Wade, referred to the acceptance of the company's listing as a "watershed moment."
"The DigitalX Bitcoin ETF is a spot ETF product that provides ASX customers with direct access to Bitcoin via a regulated and liquid fund structure," she explained.
In addition, Toby Hicks, chair of DigitalX, stated that it is "exciting to see the growth and development of the digital assets markets reflected in this approval" in Australia.
K2 Asset Management Partnership
In order to fulfill the role of responsible entity and issuer of the spot Bitcoin exchange-traded fund (ETF), DigitalX formed a partnership with the investment management business K2 Asset Management.
A little more than three weeks have passed since the Australian Securities Exchange (ASX) gave its approval to VanEck's spot Bitcoin ETF on June 15, which began trading on June 20.
A volume of $1.3 million was recorded at the end of the first trading day for the VanEck Bitcoin ETF (VBTC), which is significantly lower than the daily average of $450 million that was seen for the nine spot Bitcoin ETFs headquartered in the United States during the course of their first ten trading days.
According to a report that was published by Bloomberg in April, the Australian fund manager Betashares is also interested in developing a Bitcoin exchange-traded fund at the ASX.


CXMT Forecasts Record Revenue Growth as Global DRAM Prices Surge
Anthropic to Brief Financial Stability Board on AI-Driven Cyber Risks
Samsung Union Confirms 18-Day Strike After Failed Wage Talks
Google, Blackstone Launch $5B AI Cloud Venture to Challenge Nvidia and CoreWeave
Crypto Calm Before the Storm: Bitcoin Stalls as Ceasefire Talks Loom Large
FxWirePro- Major Crypto levels and bias summary
China vs U.S. AI Race Shifts Toward Robotics and Manufacturing Power in 2026
Bitcoin’s Institutional Exodus: USD 1.5 Billion ETF Outflow Rattles BTC Bulls
Samsung Faces Major Strike Threat as Union Restarts Pay Talks
TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower
SpaceX IPO Nears as Goldman Sachs Set to Lead Historic $75 Billion Offering
FxWirePro- Major Crypto levels and bias summary
Ethereum Echoes Bitcoin’s Slump: Can ETH Find a Floor Near the USD 2,000 Milestone?




