Overview
Description
The Global X 21Shares Bitcoin ETF is an exchange-traded fund designed to offer investors direct exposure to the performance of Bitcoin. Functioning as a physically backed ETF, it holds actual Bitcoin in secure, offline 'cold storage' managed by Coinbase, one of the world’s largest custodians of cryptocurrencies. This structure allows investors to obtain Bitcoin price exposure through a regulated, familiar investment vehicle without needing to store or manage the cryptocurrency themselves.
By tracking the price of Bitcoin in Australian dollars, the ETF provides a transparent and efficient way for investors to participate in the digital asset market while benefiting from the liquidity and simplicity of listed equity markets. The ETF can be accessed via standard brokerage accounts and aims to closely match the underlying value of Bitcoin, adjusted for fees and expenses.
Notably, as Australia’s first spot Bitcoin ETF, it represents an important bridge between traditional finance and digital assets, facilitating broader market participation in cryptocurrencies while maintaining the investor protections and operational standards expected from listed investment funds.
About
Address
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Phone
+612 8311 3478
Website
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Instrument type
ETF
Country
Australia
MIC code
CXAC