{"id":88029,"date":"2025-08-13T09:17:12","date_gmt":"2025-08-13T09:17:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=88029"},"modified":"2025-08-13T09:17:12","modified_gmt":"2025-08-13T09:17:12","slug":"central-asias-first-spot-bitcoin-etf-goes-live-as-kazakhstans-fonte-capital-begins-trading","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=88029","title":{"rendered":"Central Asia\u2019s First Spot Bitcoin ETF Goes Live As Kazakhstan\u2019s Fonte Capital Begins Trading"},"content":{"rendered":"

Kazakhstan has launched Central Asia\u2019s first spot Bitcoin exchange-traded fund (ETF) on 13 August 2025. Astana-based investment firm, Fonte Capital, will commence trading today.\u00a0<\/span><\/p>\n

This is Central Asia\u2019s first regulated and physically backed Bitcoin ETF. The Fonte Bitcoin Exchange Traded Fund holds actual Bitcoin in custody rather than using futures contracts. \u201cBETF\u00a0<\/span>aims to accurately reflect the price dynamics of bitcoin, striving to achieve this performance before fees and fund obligations,\u201d Fonte Capital said.<\/a> \u201cThe Fund is registered as non-Exempt, making it accessible to a broad range of investors, including retail (non-qualified) participants<\/span>.\u201d<\/span><\/span><\/p>\n

According to the announcement, the ETF will begin trading under the ticker BETF. It will be quoted in USD on Astana International Exchange (AIX).<\/span><\/p>\n

Kazakhstan is entering a new era for digital assets.<\/p>\n

Fonte Capital has introduced Central Asia\u2019s first spot bitcoin ETF on the Astana International Exchange.<\/p>\n

The BETF fund is physically backed by bitcoin, with custody from BitGo Trust.<\/p>\n

Through secure, U.S.-regulated cold\u2026 pic.twitter.com\/CgDjZ6ZDaj<\/a><\/p>\n

\u2014 BitGo (@BitGo) August 13, 2025<\/a><\/p>\n\n

Explore<\/strong>:\u00a09+ Best High-Risk, High\u2013Reward Crypto to Buy in August 2025<\/a><\/p>\n

\u201cThe BETF fund is physically backed by Bitcoin, with custody from BitGo Trust\u201d<\/h2>\n

Custody is provided by the US-regulated digital asset custodian BitGo. \u201c<\/span>Through secure, US-regulated cold storage, BitGo is helping deliver institutional-grade bitcoin access to investors in the region for the first time,\u201d BitGo said in a post on X.<\/p>\n

\u201cThe listing of BETF on AIX marks an important step in the development of Kazakhstan\u2019s investment infrastructure and provides investors with a regulated and secure way to include Bitcoin in their investment portfolios without the complexities associated with holding and transferring the underlying asset,\u201d Fonte Capital said.<\/p>\n

Furthermore, the ETF will operate within the legal and supervisory framework of the Astana International Centre (AIFC). <\/span><\/p>\n

Explore: Kazakhstan Moves To Create A National Crypto Reserve With Seized Digital Assets <\/a><\/strong><\/p>\n

Kazakhstan Moves To Create National Crypto Reserve With Seized Assets<\/h2>\n

Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations.<\/p>\n

The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov acknowledged the internet volatility and risks associated with crypto. However, he argued that placing the crypto reserve under the control of a centralized institution would ensure proper oversight and mitigate potential dangers.<\/p>\n

Importantly, Kazakhstan\u2019s crypto reserve is expected to be managed by a subsidiary of the National Bank specializing in alternative investments.<\/p>\n

Explore<\/strong>:\u00a0Top 20 Crypto to Buy in August 2025<\/a><\/p>\n

<\/span><\/p>\n

\n

Key Takeaways<\/h2>\n


\n <\/span><\/p>\n


\n <\/span>BETF will be Central Asia first regulated and physically backed Bitcoin ETF.<\/span><\/p>\n


\n <\/span><\/p>\n


\n <\/span> The BETF launch consolidates Kazakhstan\u2019s leadership within Central Asia by delivering a flagship, regulated spot Bitcoin vehicle ahead of neighbors such as Uzbekistan and Kyrgyzstan, which have taken more cautious approaches.<\/span><\/p>\n


\n <\/span><\/p>\n


\n <\/span><\/p>\n

<\/span><\/p>\n<\/div>\n

<\/p>\n

The post Central Asia\u2019s First Spot Bitcoin ETF Goes Live As Kazakhstan\u2019s Fonte Capital Begins Trading<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Kazakhstan has launched Central Asia\u2019s first spot Bitcoin exchange-traded fund (ETF) on 13 August 2025. Astana-based investment firm, Fonte Capital, will commence trading today.\u00a0 This is Central Asia\u2019s first regulated and physically backed Bitcoin ETF. The Fonte Bitcoin Exchange Traded Fund holds actual Bitcoin in custody rather than using futures contracts. \u201cBETF\u00a0aims to accurately reflect […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88029","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88029"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=88029"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/88029\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=88029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=88029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=88029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}