DigitalX Bitcoin ETF Maintains 1,719,410 Units Outstanding with NAV at AUD $18.44 as of June 2026

Understanding the DigitalX Bitcoin ETF June 2026 Compliance Report

Under ASX AQUA Rule 10A.4.2(b) and 10A.4.2(cd), along with ASX Operating Rules Procedure S10A.4.2, the DigitalX Bitcoin ETF must disclose monthly unit flow data, including units issued, redeemed, and the total units outstanding at each month’s end. This regulatory framework promotes transparency for investors in exchange-traded products governed by AQUA Rules, which differ from standard ASX-listed companies.

The July 1, 2026 filing covers the entire month of June 2026. K2 Asset Management Ltd, as the responsible entity, holds legal accountability under Australian financial services legislation for ongoing disclosure, compliance, and unit registry management. Hollie Wight’s signature on the report confirms the data fulfills the fund’s regulatory reporting requirements for the period.

Zero Unit Issuances or Redemptions Recorded in June 2026

The June 2026 report highlights that no units were issued or redeemed during the month, resulting in a stable total of 1,719,410 units outstanding—unchanged from the previous report. This indicates no net inflows or outflows through the primary market creation and redemption processes that support ETF operations.

In Bitcoin ETF markets, such inactivity in primary market flows can arise from stable secondary market trading, where units trade among investors on the ASX without new unit creation, or a balanced demand-supply dynamic among authorised participants who perform arbitrage-driven creation and redemption. The announcement does not provide data on secondary market trading volumes or explanations for the lack of primary market activity in June 2026.

NAV Per Unit of AUD $18.44 as of 30 June 2026

The fund’s Net Asset Value per unit stood at AUD $18.44 at the close of June 2026. This figure represents the underlying value of each unit based on the fund’s Bitcoin holdings divided by the total units outstanding. For investors and market participants, the NAV serves as a benchmark to compare against the ETF’s secondary market price, helping to identify premiums or discounts relative to the fund’s assets.

It is important to note that the NAV reflects the fund’s position at month-end and does not capture intramonth volatility. Bitcoin’s price fluctuations in USD, the AUD/USD exchange rate, and any embedded fees influence the NAV. The report does not disclose prior months’ NAV data or management expense ratios.

Implications of 1,719,410 Units Outstanding for Fund Size

Combining the outstanding units with the NAV per unit yields an approximate total net asset value of AUD $31.7 million for the DigitalX Bitcoin ETF as of June 30, 2026. This figure offers investors a sense of the fund’s scale within the Australian Bitcoin investment landscape. It is derived solely from the disclosed data and is provided for context.

Fund size is a key consideration for Bitcoin ETF investors, as larger funds often provide enhanced liquidity in secondary markets and may benefit from economies of scale. The DigitalX Bitcoin ETF competes in an expanding segment of the Australian ETF market amid growing institutional and retail demand for regulated Bitcoin exposure. The report does not comment on whether the current fund size reflects growth or consolidation.

K2 Asset Management’s Responsibilities as Responsible Entity

K2 Asset Management Ltd serves as the responsible entity for the DigitalX Bitcoin ETF, a role defined under the Corporations Act 2001 and the fund’s constitution. This entails legal responsibility for operating the fund according to its product disclosure statement, ensuring compliance with ASX AQUA Rules, and safeguarding the fund’s assets. The report’s signature by Hollie Wight confirms this chain of accountability.

The structure, where DigitalX provides the brand and K2 Asset Management acts as responsible entity, is common in the Australian ETF industry. It separates brand and investment management from the legal and regulatory duties of fund operation. The announcement does not detail Bitcoin custody arrangements or index methodology used in the fund’s portfolio.

Regulatory Framework of ASX AQUA Rules Governing BTXX Disclosures

Listed under ASX AQUA Rules, the DigitalX Bitcoin ETF is subject to a regulatory regime distinct from standard ASX Listing Rules. AQUA Rule 10A.4.2(b) and 10A.4.2(cd), along with ASX Operating Rules Procedure S10A.4.2, mandate monthly reporting of unit issuances, redemptions, total units outstanding, and NAV per unit. This regime aims to uphold market integrity and provide investors with consistent, transparent information about fund size and activity.

Unlike ordinary ASX-listed companies, BTXX is not required to comply with continuous disclosure obligations beyond these standardized monthly reports and material fund changes. Investors should recognize that disclosures focus on fund mechanics rather than corporate earnings or capital markets activity. Monthly reports such as this serve as the primary insight into the fund’s operational status.

Context of Bitcoin ETF Market and Interpretation of June 2026 Flows

While the report does not offer market commentary, it is relevant to consider the broader Bitcoin ETF landscape in mid-2026. Globally, Bitcoin ETFs, including those in the US and other jurisdictions, have garnered significant investor interest as regulated Bitcoin exposure vehicles. The Australian market has similarly seen rising demand for such products. The absence of primary market flows in June 2026 may indicate a secondary market equilibrium rather than diminished investor interest.

ETF creation and redemption activity depends on authorised participants acting when price discrepancies exist between the ETF’s market price and NAV. If supply and demand in the secondary market keep the trading price aligned with NAV, there is less incentive for primary market transactions. The announcement does not include secondary market volume data or management commentary on this dynamic. The immediate effect on share price was not evident from publicly available information.

Investor Considerations for Upcoming BTXX Monthly Reports

The forthcoming July 2026 monthly report will be important for investors monitoring whether unit flows resume or if the fund maintains its current stable unit count. Changes in units outstanding—through new issuances signaling inflows or redemptions indicating outflows—would provide insight into the fund’s growth and investor sentiment toward Bitcoin exposure via this ETF. NAV per unit changes will continue to reflect Bitcoin price movements in Australian dollars.

Long-term observers may also track whether the fund’s assets under management increase significantly as Bitcoin adoption grows among Australian investors. The current stable position of 1,719,410 units at an NAV of $18.44 offers a baseline for future comparison. Investors should review the fund’s product disclosure statement and seek advice from licensed financial advisers before making investment decisions, given Bitcoin’s volatility and risks linked to cryptocurrency-related products.