Crypto ETFs Roll Out in Australia Hits Snag Amid Inaugural Push

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April 26, 2022, 4:37 PM

Australians may have to wait a little longer for the debut of the nation’s first financial products offering direct expose to cryptocurrencies.

Cboe Australia said in a statement Tuesday that “standard checks” prior to the launch of Cosmos Asset Management’s Cosmos Purpose Bitcoin Access ETF are still being completed and the fund will not commence trading Wednesday as anticipated. 21Shares AG, in partnership with ETF Securities, said its fund listing was also delayed.

The two have been competing to be the first to provide Australians with access to the world of crypto through exchanged-traded products. Cboe Australia, a unit of …



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