BitGo backs Central Asia’s first spot Bitcoin ETF in Kazakhstan

The debut of the BETF on the Astana International Exchange offers a regulated pathway to Bitcoin investments for local investors. Supported by BitGo Trust, it marks an important milestone in providing institutional-grade access to Bitcoin in Central Asia.

Experts suggest that while BitGo’s role is vital for establishing trust, dependence on a single global custodian may not be sustainable. They stress the necessity for local custody solutions to strengthen financial sovereignty in Kazakhstan.

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