The Australian Securities and Investments Commission (ASIC) has released a consultation paper on Crypto-assets as underlying assets for ETPs (exchange traded products) and other investment products
Is seeking feedback on proposals about products that provide retail investors with exposure to crypto-assets.
- ASIC considers that these products have unique features and risks which need to be recognised by market operators and product issuers in performing their functions and meeting existing regulatory obligations.
Link to ASIC's announcement here.