Australian Securities Regulator Opens Door for a Possible Bitcoin ETF Approval Last Updated: 15 February 2021 As demand for cryptocurrencies continues to surge, companies are looking at the prospect of launching exchange-traded funds (ETFs) to provide exposure to investors. In Australia, securities regulators appear open to the prospect of allowing these financial instruments, although as usual, structures need to be in place. Building the Right Structure Last week, the Australian Financial Review reported that the Australian Securities and Investments Commission (ASIC), the country’s financial regulator, is actively considering allowing Bitcoin ETFs to launch and operate within the country. Per the report, the agency had clarified its position after rejecting an ETF proposal from Cosmos Capital, a local crypto infrastructure and investment company.