Kazakhstan Launches First Spot Bitcoin ETF: A New Era in Central Asian Finance

Kazakhstan has taken a major step forward in its financial future, becoming home to the first ever spot Bitcoin ETF in Central Asia. This groundbreaking launch, spearheaded by Fonte Capital on August 13th, 2025, on the Astana International Exchange (AIX), is set to redefine how investors interact with this digital asset. The ETF, aptly named BETF, offers institutional and retail investors a simplified entry point into Bitcoin while navigating challenges associated with direct investment.