DigitalX (ASX: $DCC) Announcement Overview

DigitalX Limited (ASX: $DCC) has successfully obtained approval for its DigitalX spot Bitcoin ETF ('ASX: BTXX') to be quoted on the Australian Securities Exchange ('ASX'). The ETF, established in partnership with K2 Assessment Management and 3iQ, will provide investors with a regulated and liquid structure to gain exposure to the digital asset sector without the need for a digital wallet. The ETF is set to commence trading on Friday, 12 July 2024 at 10:00AM AEST.

Executive Commentary

DigitalX CEO, Lisa Wade, expressed her pleasure in delivering the spot Bitcoin ETF to the Australian market, highlighting it as a significant milestone for the business and the Australian digital asset investment market. She emphasized that the ETF will provide Australians with a secure and cost-effective way to invest in Bitcoin without the necessity of managing digital wallets. Additionally, DigitalX Chair, Toby Hicks, acknowledged the growth and development of the digital asset markets over the past decade and expressed gratitude to the team at K2 Asset Management for their valuable contribution to the success of the product.

Summary of DigitalX (ASX: $DCC) Announcement

DigitalX Limited (ASX: $DCC) has secured approval for its DigitalX spot Bitcoin ETF ('ASX: BTXX') to be quoted on the ASX, offering investors a regulated and liquid fund structure to access Bitcoin exposure without the need for digital wallets. The ETF, in partnership with K2 Assessment Management and 3iQ, is scheduled to commence trading on Friday, 12 July 2024. The company's CEO, Lisa Wade, highlighted the significance of this milestone, emphasizing the secure and affordable access to Bitcoin for Australians. DigitalX Chair, Toby Hicks, recognized the growth of digital asset markets and expressed gratitude to the team at K2 Asset Management for their contribution to the product's success. DigitalX aims to continue leading the ongoing development of digital asset investments in a compliant, safe, and secure manner.