DigitalX, in partnership with K2 Asset Management (ASX:KAM) and global digital asset investment company 3iQ, announced the approval of its DigitalX spot Bitcoin ETF (ASX:BTXX) for quotation on the ASX.

The development marks one of the first spot Bitcoin ETFs to be quoted on the ASX.

The DigitalX spot Bitcoin ETF is set to commence trading on July 12.

K2 Asset Management will act as the responsible entity and issuer, leveraging its extensive experience managing ASX-listed ETFs and ensuring compliance with Australian financial services licence requirements.