Kazakhstan Launches First Spot Bitcoin ETF, Opening Doors for Institutional Investment in Central Asia

Kazakhstan has taken a significant step forward in the world of cryptocurrencies with the launch of its first spot Bitcoin ETF, labeled BETF, on August 13, 2025. This innovative move was initiated by Fonte Capital, an asset manager specializing in digital products, and facilitated on the Astana International Exchange, supported by BitGo as a U.S.-regulated custody provider. The launch is expected to boost both institutional investment and retail participation across Central Asia.