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Crypto ETF Roll Out in Australia Hits Snag in Inaugural Push

  • Cosmos Asset Management, 21Shares funds both hit with delays
  • Cboe Australia says ‘standard checks’ are still being done

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.