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Cosmos Asset Management launched the Cosmos Purpose Bitcoin Access ETF (CBTC) and Cosmos Purpose Ethereum Access ETF (CPET) earlier this year.

The Bitcoin ETF made its debut on the Cboe Australia exchange (formerly Chi-X) on 12 May. At that time, the Bitcoin price had already taken a big tumble but was still trading for around US$30,000.

While crypto investors had hoped that may be the bottom for the Ethereum and Bitcoin price rout, we know now that’s not how it panned out.

With the funds under pressure, yesterday Cosmos informed investors that it “will be applying to revoke the funds’ quotation on Cboe”.

Trading in both the Cosmos Bitcoin ETF and Ethereum ETF was halted on Monday. Cosmos stated, “Trading on the funds will continue to be halted pending the outcome of the application to Cboe."

WAY OUT.

<blockquote data-quote="Dona Ferentes" data-source="post: 1199029" data-attributes="member: 66457">Cosmos Asset Management launched the Cosmos Purpose Bitcoin Access ETF (CBTC) and Cosmos Purpose Ethereum Access ETF (CPET) earlier this year.The Bitcoin ETF made its debut on the Cboe Australia exchange (formerly Chi-X) on 12 May. At that time, the Bitcoin price had already taken a big tumble but was still trading for around US$30,000.While crypto investors had hoped that may be the bottom for the Ethereum and Bitcoin price rout, we know now that’s not how it panned out.With the funds under pressure, yesterday Cosmos <a href="https://www.cboe.com.au/disclosures/CPE021122001.pdf" target="_blank">informed investors</a> that it “will be applying to revoke the funds’ quotation on Cboe”.Trading in both the Cosmos Bitcoin ETF and Ethereum ETF was halted on Monday. Cosmos stated, “Trading on the funds will continue to be halted pending the outcome of the application to Cboe.&quot;WAY OUT.</blockquote>

[QUOTE="Dona Ferentes, post: 1199029, member: 66457"] Cosmos Asset Management launched the [B]Cosmos Purpose Bitcoin Access ETF[/B] (CBTC) and [B]Cosmos Purpose Ethereum Access ETF[/B] (CPET) earlier this year. The Bitcoin ETF made its debut on the Cboe Australia exchange (formerly Chi-X) on 12 May. At that time, the Bitcoin price had already taken a big tumble but was still trading for around US$30,000. While crypto investors had hoped that may be the bottom for the Ethereum and Bitcoin price rout, we know now that’s not how it panned out. With the funds under pressure, yesterday Cosmos [URL='https://www.cboe.com.au/disclosures/CPE021122001.pdf']informed investors[/URL] that it “[I][B]will be applying to revoke the funds’ quotation on Cboe[/B][/I]”. Trading in both the Cosmos Bitcoin ETF and Ethereum ETF was halted on Monday. Cosmos stated, “Trading on the funds will continue to be halted pending the outcome of the application to Cboe." [I]WAY OUT.[/I] [/QUOTE]

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