MAY 12, 2022

Gemini to Power Spot Bitcoin ETF in Australian Market First

link
gemini purpose (1)
Gemini-Headshot

Today, we are pleased to announce Gemini’s support for the , among Australia’s first spot bitcoin ETFs. Powered by Gemini’s institutional-grade security and custody infrastructure, CBTC will provide Australian investors with regulated and secure access to spot bitcoin.

Offered by Cosmos Asset Management Pty Ltd (Cosmos AM) on the Cboe Australia stock exchange, CBTC will provide Australian investors access to the world’s largest spot bitcoin solution through a fund-of-funds structure that will hold the Canada-based Purpose Bitcoin ETF (BTCC) — the world’s first ETF to hold “physical bitcoin.” BTCC was launched by Purpose Investments Inc. in 2021 and is custodied by Gemini. The fund has an AUM of over $1.2 billion USD in crypto.

Cosmos AM’s partnership with Gemini and Purpose Investments Inc. will provide Australian investors with exposure to a highly liquid and regulated spot bitcoin ETF product.

We are thrilled to build our relationship with Cosmos AM, which has been a pioneer in providing Australian investors with access to crypto-related investment vehicles. In 2021, Cosmos AM, which was spun out of Nasdaq-listed Bitcoin miner Mawson Infrastructure Group Inc., introduced Australia’s first pure digital mining ETF, and has continued to engage Australian regulators on the topic of crypto.

Our partnership with Cosmos AM will continue to drive Gemini’s growing presence in Australia and the Asia Pacific region.

Gemini offers crypto services and infrastructure to a growing number of asset managers and traditional financial institutions across the world through Gemini Custody, Gemini Fund Solutions, and custom integrations with registered investment advisors and FinTech platforms. As a New York trust company and qualified custodian regulated by the New York State Department of Financial Services, one of the most sophisticated financial regulators in the world, the security of our clients’ assets is our top priority.

To learn more about our full-stack of institutional crypto offerings, .

Onward and Upward!

Team Gemini

RELATED ARTICLES

08052025 FeaturedImage Zcash Blog 02 (1)

COMPANY

AUG 06, 2025

Privacy Made Simple: Gemini Adds Zcash Unified Addresses

Blog

COMPANY

JUL 31, 2025

Gemini’s Next Batch of Tokenized Stocks Includes AMD, Reddit, and GameStop

Attachment-1 (1)

WEEKLY MARKET UPDATE

JUL 31, 2025

SEC Approves In-Kind Crypto ETF Redemptions, Tron Inc. Registers to Raise $1 billion for TRX Purchases, and Crypto Policy Report Goes Live

The trusted crypto-native finance platform