🇰🇿 #Казахстан launches the first bitcoin ETF in Central Asia! Trading is coming soon
On August 13, the Astana International Exchange (AIX) will launch the Fonte Bitcoin ETF (BETF) — the first spot ETF in the region physically backed by bitcoin. 📈
💡 What this means:
— Each share will be backed by actual BTC, not futures.
— Custody is provided by BitGo Trust — a licensed custodian in the USA.
— Access for institutional and retail investors through the AIX exchange.
⚖ Why this is important:
1. It opens the doors for legal investment in bitcoin in Central Asia.
2. The infrastructure is fully regulated — reducing risks for major players.
3. Kazakhstan is starting to play a serious role in the region's crypto economy.
🚀 If interest in the product is high, it may encourage other countries in the region to launch their own BTC-ETFs.
❓What do you think, will BETF attract large capital or will it be only for local investors? Share your thoughts 👇