BlackRock will launch its Bitcoin ETF in Australia in mid-November

BlackRock has confirmed the launch of the iShares Bitcoin ETF (ASX: IBIT), providing Australian investors with a more convenient way to access cryptocurrencies in the local market. BlackRock stated that the ETF is expected to be listed on the Australian Securities Exchange in mid-November 2025. BlackRock mentioned that IBIT will charge a management fee of 0.39%, offering investors a low-cost, regulated channel to access Bitcoin through a package of the iShares Bitcoin Trust listed in the U.S. (NASDAQ: IBIT), without the technical and operational complexities associated with directly holding the asset.

Previously, the Australian Securities and Investments Commission (ASIC) updated its guidance last week, reclassifying most digital assets, including stablecoins, wrapped tokens, security tokens, and digital asset wallets, as financial products. Although Bitcoin itself does not constitute a financial product, services and products that include this cryptocurrency can be considered financial products according to the updated guidance in Information Sheet No. 225.