Australian investment management company Monochrome Asset Management has transferred its Bitcoin ETF application to Cboe Australia

The Australian investment management company, Monochrome Asset Management, has transferred its Bitcoin ETF application to Cboe Australia. This move aligns with Monochrome Asset Management's goal of expanding its business in the Asian market. The company believes this demonstrates its "commitment to providing investors with safe, convenient and innovative investment products". In a statement, Monochrome said that transferring its Bitcoin ETF application to Cboe Australia (an alternative trading platform for the Australian Securities Exchange) is consistent with its aim of increasing influence in the Asian market.