The investment objective of the Fund is to deliver a return that tracks the performance of the price of Bitcoin in Australian dollars (before fees and expenses). The return of the fund will be calculated by reference to the CME CF Bitcoin Reference Rate (BRR).
The Fund’s investment strategy is to hold substantially all of its assets in long-term holdings of Bitcoin.
Net Assets Value (AUD):
$33.6M
Management Fees & Costs
0.49% per annum
Bitcoin and other digital assets are new and novels forms of technology. This means that purchasing and storing Bitcoin can be complex, due to issues like exchange quality, cybersecurity, custody, and loss of private keys. DigitalX is Australia’s most experienced, and only ASX-listed digital asset investment manager, and we are experts in navigating the operational risks that come with buying and storing Bitcoin.
With over a decade of experience in blockchain and digital asset investments, DigitalX is Australia’s most experienced, and one of the world’s first ASX-listed digital asset investment managers. The firm’s expertise ensures that investors gain access to a regulated, compliant, and professionally managed Bitcoin investment vehicle.
The DigitalX Bitcoin ETF provides a simple and efficient way for Australian investors to gain Bitcoin exposure without the need for complex account setups. Purchasing units in the ETF means you can gain exposure to Bitcoin that may not be present in your current investment portfolio. This can be completed without you needing to establish personal Bitcoin accounts and storage solutions.
Investors can integrate Bitcoin exposure into their existing portfolios, expanding portfolio diversification and potential risk-adjusted returns. We find this is especially advantageous for investors who want to participate in the growth of the digital asset sector while avoiding the operational and technical burdens of direct ownership, a responsibility many investors may not have the time or resources to pursue.
Investors can trade the Bitcoin ETF through their existing brokerage accounts, just like any other ASX-listed security, making it a comfortable and user-friendly option for those already engaged in equity or ETF investing. You will be able to buy and sell units of the ETF on the ASX market and benefit from CHESS settlement and reporting.
With CHESS settlement and reporting, investors can enjoy regulated and efficient transactions within an exchange environment. This means investors can buy, hold and sell their units without worrying about exchange insolvencies or operational failures that can impact direct Bitcoin trading.
Be one step ahead of the future of finance with DigitalX
Gain exposure to Bitcoin that may not be present in your current investment portfolio with the DigitalX Bitcoin ETF (BTXX). Trade through your brokerage account and catch up on the latest Bitcoin ETF news, all the while benefitting from the skill and experience of a dedicated service provider with access to systems, trading platforms and technology required for investment in and storage of Bitcoin.
| Performance | 1 month | 3 months | 6 months | 1 Year | 3 Year | 5 Year | Since Inception (Annualised) |
|---|---|---|---|---|---|---|---|
| BTXX | 5.81% | -25.82% | -42.85% | -26.93% | – | – | 7.61% |
| CME CF BRR (AUD) | 5.85% | -25.61% | -42.59% | -26.50% | – | – | 8.18% |
Source: Apex Fund Services Pty Ltd and DigitalX. Data reflects end-of-day NAV values. Graph illustrates historical performance based on fund unity prices, net of fees. Past performance is not indicative of future performance.
While investors avoid the complexity and pressure of having to hold tokens in a digital wallet, it’s important to ensure investing in the Bitcoin ETF ASX aligns with your investment strategy and risk tolerance by considering the following factors:
| Issuer | K2 Asset Management Ltd |
| Investment Manager | DigitalX Asset Management |
| Custodian | Coinbase Custody Trust Company |
| Unit Registry | Automic Group |
| Administrator | Apex Group |
| Auditor | KPMG |
| Benchmark Administrator | CF Benchmarks |
| Asset Index | Solactive |
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Bitcoin and other digital assets are new and novel forms of technology. This means that purchasing and storing Bitcoin can be risky at times, due to issues like exchange quality, cybersecurity, custody and loss of private keys. DigitalX is Australia’s most experienced, and only ASX-listed digital asset investment manager, and we are experts in navigating the operational risks associated with buying and storing Bitcoin.
BTXX provides direct exposure to Bitcoin, with DigitalX’s experience and management. Retail investors can buy BTXX using their everyday brokerage account. DigitalX Bitcoin ETF acts as a liquid and regulated structure for investors interested in pursuing the cryptocurrency asset sector without the demand that comes with holding tokens.
As a very high-risk asset class, Bitcoin ETFs carry numerous risks such as high volatility and regulatory changes. Investors should carefully consider their risk tolerance before investing. For a full description of risks and to determine whether the ETF is appropriate, readers should refer to the DigitalX Bitcoin ETF’s Target Market Determination (TMD) and Product Disclosure Statement (PDS). Copies of the TMD and PDS are available on the DigitalX website’s BTXX page under Documents.
The DigitalX Bitcoin ETF (BTXX) provides direct Bitcoin exposure, unlike some ETFs that invest in related companies or derivatives. It has a competitive 0.49% management fee. BTXX is designed for investors seeking regulated Bitcoin exposure on the ASX.
This notice contains important information regarding risks associated with an investment in the DigitalX Bitcoin ETF.
If you are considering an investment in the ETF, please carefully read this notice.
The ETF is physically backed by Bitcoin. The investment objective is to track the performance of Bitcoin in Australian dollars before expenses and fees, which are detailed in the applicable PDS.
The DigitalX Bitcoin ETF (BTXX) is an exchange traded fund on the ASX.
Cryptocurrencies are high risk.
The Fund is only intended for investors who understand the risks involved in investing in a product with cryptocurrency exposure. Any investment in these products should be very closely monitored due to the high price volatility of the underlying cryptocurrencies.
The fund is based on the US Bitcoin value converted into Australian dollars and as such is also subject to exchange rate risk.
Before making any investment, prospective investors should carefully consider whether they are prepared to be exposed to significant losses on their investment.
Please refer to the Product Disclosure Statement for further details, and in particular the risks associated with an investment. Investors should seek their own independent financial advice in relation to investing in the Fund prior to making an investment decision, in order to determine the suitability of the Fund to their individual circumstances.
By clicking ‘Accept’, you acknowledge that you have read and understood the above, and agree that you will carefully read in full, the product disclosure statement for the applicable Fund (including the Risk section), before investing in that Fund.
BUY ON MAJOR BROKERAGE PLATFORMS
All investments come with Risk. You should read and consider the Fund Product Disclosure Statement (PDS) and Target Market Determination (TMD) before making a decision to acquire an interest in the Fund. You may also consider seeking independent financial advice on whether the Fund is appropriate for your needs, financial situation, and investment objectives.