The post Coinbase provides custody for DigitalX’s new Australian Bitcoin ETF appeared on BitcoinEthereumNews.com.

The US crypto exchange Coinbase is providing Bitcoin custody services to Australia’s DigitalX, the issuer of the second spot BTC ETF in the country. Cryptocurrency exchange Coinbase is doubling down on its support of global spot Bitcoin exchange-traded funds (ETF), becoming a custody partner for a Bitcoin ETF in Australia. Australia’s DigitalX, the issuer of the spot Bitcoin ETF called DigitalX Bitcoin ETF (BTXX), has selected Coinbase as the custody provider for its spot Bitcoin (BTC) fund, according to the official BTXX fact sheet. Announcing the news on July 29, Coinbase said that it will deliver custody and “advanced trading execution services” for BTXX through its institutional-grade exchange platform, Coinbase Prime. The platform is designed to provide “sophisticated storage solutions” for institutions and individuals holding large crypto holdings. Read more Source: https://cointelegraph.com/news/coinbase-digitalx-bitcoin-etf-custody-australia?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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Filed under: News - @ July 30, 2024 7:16 am