Cboe Australia Welcomes BlackRock's iShares ETFs

Cboe Australia has listed new exchange-traded funds(ETFs) from iShares by BlackRock. This step places BlackRock among the major asset management firms listing its iShares ETFs on every Cboe exchange globally.

Dave Howson, the Executive Vice President and GlobalPresident at Cboe Global Markets, mentioned: "This latest listing ofiShares ETFs on Cboe Australia is a major milestone and a significant stepforward to deliver on Cboe's global listings vision. Cboe is the only exchange network in the worldfacilitating access to global capital and secondary liquidity by offering anefficient path for asset managers to list across our five listingsexchanges."

iShares ETFs Enter the Australian Market

The newly listed iShares ETFs on Cboe Australiainclude iShares MSCI World ex Australia Momentum ETF (Ticker: IMTM), iSharesMSCI World ex Australia Quality ETF (Ticker: IQLT), and iShares MSCI World exAustralia Value ETF (Ticker: IVLU). Cboe is one of the largest ETF listing venues in theUS, hosting over 680 ETF listings. According to the press release, CboeAustralia accounts for up to 40% of the Australian ETF daily trading volume.

Last month, The US Securities and ExchangeCommission approved the applications of 11 asset management firms for spot Bitcoin ETFs. TheseETFs were authorized to be listed on US stock exchanges, including NYSE Arca,Nasdaq, and Cboe BZX, and are available for trading starting today.

The approved issuers are ARK 21Shares, InvescoGalaxy, VanEck, WisdomTree, Fidelity, Valkyrie, BlackRock, Grayscale, Bitwise,Hashdex, and Franklin Templeton.

Bitcoin ETFs Poised for Record Inflows

Analysts speculate significant inflows into BitcoinETFs, estimating between $50 billion and $100 billion in the first year.However, the SECs Chief Gary Gensler clarified the approvals scope,emphasizing it does not reflect approval for crypto asset securities.

The recently launched Bitcoin ETFs in the USexperienced an inflow of $1.9 billion in three trading days, led by industrygiants BlackRock and Fidelity. Lower fees and brand recognition played asignificant role in attracting investors to specific ETFs.

The challenge for spot Bitcoin ETFs lies in gainingacceptance among institutional investors, including pension funds andinvestment advisers. Currently, the value of iShares Bitcoin Trust is more than USD $6 billion.

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