In Kazakhstan, on the Astana International Exchange (AIX), trading began with shares (shares) of a spot-bitcoin-mutf under the ticer BETF. The exchange fund was created by the Kazakhstan investment company Fonte Capital, its papers are available to all categories of investors, including unskilled and foreign.

Fonte Capital said that BETF is provided with bitcoins reserves that are stored in the Bitgo American casteadian. The company promises cold storage (out of access to the network) and provides insurance coverage for assets in the amount of up to $ 250 million.

Sprite bitcoin -etf is registered in the International Financial Center of Astana (IFCA). The support of the Fund is provided by licensed participants in the IFC, including Freedom Broker, Bybit, Ataix Eurasia and BN KZ Technologies (Binance).

The creator of BTC-ETF called BETF listing “an important step in the development of the investment infrastructure of Kazakhstan and provides investors with an adjustable safe way to include bitcoin in their portfolios.”

Earlier, the chairman of the National Bank of Kazakhstan (NBK) Timur Suleimenov said that his department approved the initiative of the parliament deputies on the formation of the state reserve of cryptocurrency and expressed his readiness to discuss changes in the legislation.