The ETF, denominated in US dollars, supports physical Bitcoin holdings, offers up to $250 million in insurance via BitGo, and is regulated by the Astana International Financial Centre.
CoinDesk announced on August 13 that Central Asia's first spot Bitcoin ETF, BETF, has been launched on the Astana International Exchange. Custodied by BitGo and regulated by AIFC, the ETF supports physical Bitcoin holdings, offers up to $250 million in insurance coverage, is denominated in US dollars, and allows physical settlement to reduce tracking error and fees.