The first spot bitcoin and ether ETFs in Australia launched Thursday amid widespread crypto market sell-offs, leading industry watchers to note their lower trading volumes compared to similar debuts in Canada. The 21Shares Bitcoin ETF (EBTC) and the ETFS 21Shares Ethereum ETF (EETH) booked trading volumes of $656,000 and $415,000, respectively. EBTC and EETH, which track the price of bitcoin and ether in Australian dollars, are fully backed by respective digital assets held in cold storage by Coinbase. Each fund had roughly $9 million in assets at the end of Thursday. Meanwhile, the Cosmos Purpose Bitcoin Access ETF ... (full story)