The asset manager behind two of Australia’s first crypto exchange-traded funds (ETFs) has applied to delist the much-hyped investment vehicles just a few months after launch. The fund responsible for Cosmos Asset Management’s ETFs said in a letter to local securities and derivatives exchange Cboe that it would be applying to revoke its Bitcoin and Ethereum funds from the market. The Cosmos Purpose Bitcoin Access ETF (CBTC) and the Cosmos Purpose Ethereum Access ETF (CPET) were both launched in May of this year, alongside two rival funds which listed the same day, marking the first funds t ...
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