About the Fund
The DigitalX Bitcoin ETF (ASX: BTXX) is designed to track the performance of Bitcoin's price before fees and expenses. Its returns are calculated using the CME CF Bitcoin Reference Rate (BRR), a globally recognized benchmark.
Investment Strategy
- Passive Holdings: The fund primarily holds Bitcoin long-term, with minimal trading except to facilitate redemptions and creations.
- Transparent Pricing: Tied to the CME CF Bitcoin Real-Time Index (BRTI) in AUD.
👉 Why Bitcoin ETFs are gaining popularity
About the Manager
DigitalX Asset Management (DXAM) is a subsidiary of DigitalX Limited (ASX: DCC), a leading ASX-listed digital asset investment firm. Established in 2018, DXAM specializes in:
- Blockchain economy growth.
- Secure digital asset custody solutions.
Why Choose DigitalX?
- ASX-Listed: Australia’s only listed digital asset manager.
- Expertise: Navigates complexities like cybersecurity, custody, and private-key management.
Fund Highlights
| Feature | Detail |
|---|---|
| Management Fee | 0.49% p.a. (incl. GST) |
| Custodian | Coinbase Custody Trust Company, LLC |
| Inception Date | 12 July 2024 |
| Bloomberg Code | BTXX AU Equity |
👉 Explore ASX-listed crypto investments
Trading & Pricing
- Trading Hours: 10:00 AM–4:00 PM (ASX).
- Latest NAV: A$52.4M (as of previous close).
- Bitcoin Entitlement: 0.000220 BTC per unit.
Benchmark Data
- CME CF BRR (AUD): 162,128.31 (previous close).
Note: CF Benchmarks data is licensed and not endorsed by DigitalX.
FAQs
1. What is a Bitcoin ETF?
A Bitcoin ETF provides direct exposure to Bitcoin without needing personal wallets. Ideal for retail investors via standard brokerage accounts.
2. How is Bitcoin stored?
- Cold Storage: ≥80% offline in geo-diverse vaults with biometric security.
- Custodian: Coinbase (SOC 2 audited, NY-regulated).
3. Can I trade BTXX on ASX?
Yes, with CHESS settlement benefits.
Key Takeaways
- Convenience: No personal wallet setup.
- Security: Institutional-grade custody.
- Liquidity: Trade like stocks on ASX.
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