PANews August 13 news, according to CoinDesk reports, Kazakhstan's Fonte Capital announced the launch of Central Asia's first spot Bitcoin ETF - BETF on the Astana International Exchange (AIX). This ETF is custodied by BitGo, supports physical Bitcoin holdings, and provides investors with insurance coverage of up to $250 million. BETF is priced in USD, allows for physical settlement, and aims to reduce tracking errors and fees. The product is regulated by the Astana International Financial Centre (AIFC), open to both Central Asian and international investors, and participants do not need to manage private keys or use cryptocurrency exchanges to invest.
