Australian asset manager Monochrome recently announced the application with Cboe Australia to list a Bitcoin exchange-traded fund (ETF) in Q2 2024.
The “strategic move” of its flagship product to Cboe aims to deepen the firm’s reach around the Asia-Pacific region.
A Change of Plans: From ASX To Cboe
In July 2023, the Australian asset manager firm Monochrome re-filed for its Monochrome Bitcoin ETF (IBTC) amid growing interest in the products. Around the same time, its counterparts in the US were submitting their applications to the Securities and Exchange Commission (SEC).
The re-filing came after the Australian Securities and Investments Commission (ASIC) regulatory framework was updated to allow crypto-asset exchange-traded products.
Today, Monochrome announced its “strategic move” to Cboe Australia for its flagship product, IBTC. The Australian arm is one of Cboe Global Markets’ five global listing exchanges.
It’s worth noting that Australia’s application
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