Just seen on SMH now. https://www.smh.com.au/business/com...thereum-etfs-green-light-20211029-p594ea.html Click link above for full article. ASIC gives trading of Bitcoin, Ethereum ETFs green light By Dominic Powell October 29, 2021 — 4.31pm Australia’s corporate regulator has given the green light to a range of cryptocurrency-related ETFs, which could see Bitcoin and Ethereum-backed investment funds trading on the ASX in the coming months. On Friday, the Australian Securities and Investments Commission (ASIC) released a set of guidelines and requirements relating to crypto exchange-traded products, or ETPs, after a series of consultations the regulator has been undertaking since June. The new guidelines will allow funds to launch exchange-traded funds (ETFs) that invest directly in cryptocurrencies or in crypto-adjacent assets, such as crypto miners and coin exchanges. A number of local funds have recently expressed an interest in launching such offerings in Australia. ETFs allow investors to purchase various securities, commodities or indices without having a direct exposure to the asset. Investors have been calling for an ETF that tracks the price of major cryptocurrencies as a way for traditional investors to gain exposure to the sector. Last week, the first Bitcoin futures ETF was launched in the US following approval from America’s corporate regulator. ASIC has been mulling its approval of similar funds for some time, with today’s announcement coming less than two weeks after a major new package of crypto reforms was tabled in parliament by Liberal Senator Andrew Bragg.