Crypto Winter Spurs Delisting of Bitcoin, Ether ETFs in Australia
[ad_1]
A clutch of crypto exchange-traded funds launched with much fanfare in Australia are headed for delisting.
A clutch of crypto exchange-traded funds launched with much fanfare in Australia are headed for delisting, becoming the latest casualties of the this year's digital-asset rout. The management teams behind the Cosmos Purpose Bitcoin Access ETF, Cosmos Purpose Ethereum Access ETF and Cosmos Global Digital Miners Access ETF applied to revoke their quotations on the exchange run by Cboe Australia Pty. Cosmos Asset Management was part of the race to roll out the first crypto ETFs in Australia earlier this year. But a $2 trillion slump in digital assets over roughly the 12 months has dulled investor ardor for virtual coins. “While we strongly believe in the asset class, w...