BlackRock to Launch Bitcoin ETF on Australian Stock Exchange in November 2025
BlackRock, the world’s largest asset manager, is preparing to launch its popular Bitcoin ETF in Australia. The fund will be listed on the Australian Securities Exchange (ASX) by mid-November 2025. This move will give Australian investors an easy and regulated way to invest in bitcoin without buying the cryptocurrency directly.
What Is the BlackRock Bitcoin ETF?
The ETF, called iShares Bitcoin ETF (IBIT), first launched in the United States in January 2024. Since then, it has become one of the most successful ETF launches ever, managing over $90 billion in assets. BlackRock is now bringing this fund to Australia to expand its global bitcoin investment strategy.
The Australian version of IBIT will trade on the ASX and will track the same assets as the U.S. fund. It will have a management fee of 0.39%. By mirroring the U.S. Bitcoin Trust, investors can benefit from bitcoin’s price changes without needing an offshore account or digital wallet.
Expanding into the Asia-Pacific Region
BlackRock has already launched similar Bitcoin ETFs on the London Stock Exchange and the Swiss SIX Exchange. The new listing on the ASX will add Australia to the list of countries where BlackRock offers regulated bitcoin investments. This move fits with BlackRock’s plan to make bitcoin investment easier for more people worldwide.
What BlackRock Executives Say
Tamara Stats, Director of Institutional Client Business at BlackRock Australasia, said the launch shows BlackRock’s commitment to innovation. She noted that many investors want easy and efficient ways to include bitcoin in their mixed investment portfolios.
Steve Ead, Head of Global Product Solutions at BlackRock Australasia, added the ETF will help more Australians access bitcoin investments. He said the goal is to make investing in bitcoin simpler and more open to everyone.
Australia’s Updated Rules for Digital Assets
The launch comes as Australia updates its rules for digital assets. The Australian Securities and Investments Commission (ASIC) recently changed its guidance, classifying most digital assets as financial products. This means companies offering bitcoin exposure must get an Australian Financial Services Licence (AFSL) by June 2026.
While bitcoin itself is not a financial product, funds like IBIT must follow strict rules to protect investors. ASIC’s updated framework aims to provide stronger investor protection and improve the transparency of bitcoin-related products in Australia.
How the ETF Works for Investors
Instead of owning bitcoin directly, investors buy shares in the ETF on the ASX. The price of these shares follows bitcoin’s price closely. This setup removes the need to manage bitcoin wallets or deal with unregulated platforms. The ETF structure offers a safer and easier way for people and institutions to invest in bitcoin.
Summary
- BlackRock will launch its iShares Bitcoin ETF on the Australian Securities Exchange in November 2025.
- The ETF will be based on the successful U.S. fund that manages over $90 billion in assets.
- Australia’s new digital asset rules require funds offering bitcoin exposure to be licensed and regulated.
- The ETF will give Australian investors a simple and secure way to invest in bitcoin.
- This move reflects BlackRock’s global strategy to expand bitcoin investments across key markets.
For more information, visit the Australian Securities and Investments Commission website or BlackRock’s official page.
