How to invest in crypto on the ASX in 2025: An Investor’s Ultimate Guide!

Here’s how to invest in crypto on the ASX – yes, it is a possibility.

As we move through 2025, Australian retail investors are increasingly looking for regulated, hassle-free ways to dip their toes into the world of cryptocurrency. The days of managing self-custody wallets and navigating overseas exchanges are quickly becoming a thing of the past.

Instead, investors are seeking out the peace of mind that comes with regulated, ASX-listed options — ways to gain exposure to crypto without the usual complexities of traditional trading.

So, where should you start if you’re looking to get involved in this booming asset class?

In this article, we’ll walk you through three exciting opportunities for investing in crypto on the ASX this year: the Bitcoin ETF (ASX: BTXX), listed crypto managers DigitalX (ASX: DCC), and indirect fintech plays. Plus, we’ll dive into the global macro landscape — specifically, the impact of the US GENIUS Act and how it’s shaping the future of crypto regulation.

 

How to Invest in Crypto on the ASX: Three Entry Points

As more investors look to diversify into cryptocurrency, there are now three key pathways available on the ASX for retail investors seeking exposure to this dynamic asset class in 2025.

These options provide a regulated, secure environment for investing in digital currencies, all while sidestepping the complexities associated with holding cryptocurrencies directly. The three primary entry points are: Spot Bitcoin ETFs (BTXX), listed crypto managers (DCC), and indirect fintech/rails exposure.

Let’s break down each option in more detail to help you understand how to get started:

Spot Bitcoin ETF – (ASX: BTXX)

One of the most straightforward ways to invest in Bitcoin on the ASX is through the DigitalX Bitcoin ETF (ASX: BTXX). This exchange-traded fund (ETF) launched in mid-2024 and is designed to give investors direct exposure to Bitcoin’s price movements without having to buy or store the cryptocurrency themselves.

The BTXX ETF is fully backed by Bitcoin and tracks the CME CF Bitcoin Reference Rate (BRR), which is based on Bitcoin’s spot price across top global exchanges. Essentially, BTXX allows investors to tap into Bitcoin’s potential for price appreciation while benefiting from the security and convenience of the ASX market.

What makes BTXX attractive to retail investors is that it’s an ASX-listed product, meaning it can be bought and sold just like traditional stocks or ETFs on the Australian stock market. This makes it an excellent choice for those who are looking for regulated, easily accessible exposure to Bitcoin, but without the complexities of managing wallets or private keys.

BTXX comes with a management fee of 0.49% per year, which is slightly higher than traditional ETFs but justified by the added complexities of holding and managing cryptocurrency assets. The fund is highly liquid, meaning you can buy and sell units just like any other stock, ensuring easy access to your investments.

 

DigitalX (ASX: DCC): A Listed Crypto Manager

For investors who want exposure to a broader range of crypto assets, not just Bitcoin, DigitalX (ASX: DCC) is an excellent option. DCC is Australia’s first and only ASX-listed crypto asset manager. It offers a diversified play on the crypto space, with managed funds providing exposure to Bitcoin, Ethereum, and other digital assets. Beyond its ETFs, DCC operates Drawbridge and Sell My Shares, which facilitate asset tokenisation and financial transactions, further diversifying its revenue streams. This approach not only provides investors with exposure to leading blockchain technologies but also offers potential returns through staking rewards and capital appreciation from its treasury holdings.

In addition to its ETFs, DCC also holds a significant amount of Bitcoin in its treasury, which adds an extra layer of investment value. The company uses its treasury assets to generate staking rewards and capital appreciation, offering investors a way to tap into the broader crypto ecosystem through both price appreciation and yield generation.

DCC’s business model includes offering crypto fund management services, along with its subsidiary platforms like Drawbridge and Sell My Shares, which provide services for tokenisation, asset management, and financial transactions. These ventures create a more diversified revenue stream, which could benefit investors over the long term.

As an investment, DCC offers diversified exposure to the growing crypto ecosystem, with managed funds providing access to Bitcoin, Ethereum, and other digital assets. It also offers potential income from staking and asset tokenisation. While the fee structure for DCC involves performance-based fees in addition to management fees, it offers a more structured approach to crypto investments compared to BTXX. For investors seeking broader exposure to digital assets, DCC provides both capital appreciation and yield generation through a diversified portfolio of blockchain-based services.

 

Indirect Fintech/Rails Exposure

Beyond direct crypto asset management, another entry point for retail investors is through indirect fintech and blockchain-related plays. These are companies that provide the underlying infrastructure and services that facilitate the growth of the crypto industry, but without necessarily holding digital assets themselves.

Some ASX-listed companies in this category are focused on areas like cryptocurrency payment rails, blockchain technology, and tokenisation of traditional assets. These companies often offer a unique way to gain exposure to crypto trends without the volatility associated with holding digital currencies directly.

For example, companies offering crypto custody services, decentralised finance (DeFi) platforms, and even traditional financial institutions that are building out blockchain infrastructure are all examples of companies providing the infrastructure that powers the crypto world. These fintech players act as intermediaries, enabling more institutional and retail investors to access crypto markets in a regulated and secure way.

Investing in fintech/rails exposure allows investors to tap into the broader crypto ecosystem through companies that are helping to build out the infrastructure for the future of digital finance. This strategy might appeal to investors who prefer not to hold volatile crypto assets but still want to benefit from the growth of blockchain technologies.

 

Which Option Should You Choose?

When deciding between these three entry points, it ultimately depends on your investment goals and risk tolerance.

BTXX is ideal if you want pure exposure to Bitcoin and prefer a simple, regulated investment without the need for a wallet.

DCC offers a more diversified play on the entire crypto space, providing exposure not only to Bitcoin but also to other digital assets and fintech services. This is a great choice for those looking for more than just price appreciation and who want to benefit from the business model of a listed crypto asset manager.

Indirect fintech/rails plays are perfect for those who want to tap into the broader growth of blockchain infrastructure without being directly exposed to the volatility of crypto prices.

Each of these investment paths has its own set of benefits, risks, and growth potential, so it’s important to consider your personal investment strategy before deciding which path to take. Whether you’re looking for a pure play on Bitcoin or a more diversified exposure to the entire digital asset ecosystem, the ASX now offers several avenues to participate in the booming world of crypto.

 

Understanding BTXX: Tracking, Returns & Fees

The DigitalX Bitcoin ETF (ASX: BTXX) offers Australian investors a straightforward way to gain direct exposure to Bitcoin without the complexities of managing wallets, securing private keys, or dealing with exchange volatility. BTXX tracks the CME CF Bitcoin Reference Rate (BRR), which aggregates Bitcoin’s spot price across multiple top exchanges, ensuring the ETF accurately mirrors the market value of Bitcoin.

 

Performance & Returns: How Well Does It Perform?

As of June 2025, BTXX has delivered strong performance since its launch:

• 3-month return: +22.5%
• Since inception return: +90.7%

The BTXX ETF has demonstrated a strong ability to track Bitcoin’s price, with a tracking error of just 0.8% since inception. This tight correlation ensures that BTXX mirrors Bitcoin’s price movements closely, offering investors Bitcoin’s upside potential with minimal deviation. Since launch, BTXX has delivered a +90.7% return, just slightly behind the CME CF Bitcoin Reference Rate (BRR) of +91.4%.

 

Fees: What Does It Cost to Invest in BTXX?

The management fee for BTXX is 0.49% per year, which is relatively competitive when compared to other investment vehicles in the cryptocurrency space. This fee covers the costs associated with holding and managing Bitcoin, such as custody, insurance, and regulatory compliance.

While the fee is higher than traditional ETFs, it’s a cost-effective option for investors who want Bitcoin exposure without the complexities of self-custody or dealing with crypto exchanges. The value of this fee is apparent when you consider the peace of mind that comes with having Bitcoin stored securely by a trusted custodian, with full regulatory oversight.

 

Liquidity: Easy to Buy and Sell

One of the standout features of BTXX is its liquidity. Because it’s an ASX-listed product, BTXX is available for purchase and sale through brokers on the Australian Securities Exchange, just like any other ETF or stock. This gives investors daily access to Bitcoin’s market movements, allowing them to easily buy or sell units at any time the ASX is open.

BTXX provides a level of convenience that crypto exchanges can’t always offer, such as stable pricing and minimal volatility during market hours. For investors who are used to the traditional financial market environment, BTXX offers the security and reliability of the ASX, combined with the potential upside of Bitcoin.

 

DigitalX (ASX: DCC): More Than Just a Bitcoin ETF

While BTXX provides straightforward Bitcoin exposure, DigitalX (ASX: DCC) takes a broader, more diversified approach to investing in the cryptocurrency space. As Australia’s leading crypto asset manager, DigitalX goes beyond just managing Bitcoin, offering exposure to a range of digital assets and innovative blockchain technologies. By investing in DCC, you’re tapping into a multifaceted crypto business that combines growth potential with income generation.

 

What Does DigitalX Do?

DigitalX is not just about Bitcoin; it’s about harnessing the power of blockchain to create multiple revenue streams for investors. The company offers managed funds that give investors access to a variety of crypto assets, including Bitcoin, Ethereum, and Polkadot. But DigitalX doesn’t just hold these assets; it actively works to grow their value through a variety of strategies.

One key area of DigitalX’s strategy is staking, where it locks up digital assets like Ethereum to help secure blockchain networks and earn staking rewards. These rewards provide passive income for DigitalX, which is then passed on to investors. This focus on yield generation makes DCC more than just a passive play on Bitcoin; it’s a yield-producing asset that offers more than just price appreciation.

Additionally, DigitalX is at the forefront of tokenisation, bringing real-world assets like property or commodities onto the blockchain. This innovation allows for increased liquidity and access to new markets, giving investors an opportunity to gain exposure to a wider range of digital assets beyond just Bitcoin.

Key Business Segments of DigitalX

Treasury Management: DigitalX holds a significant treasury of Bitcoin, providing a strong foundation for growth. As Bitcoin’s price appreciates, so does the value of DigitalX’s treasury, benefiting shareholders.

Staking: DigitalX actively participates in staking on networks like Ethereum and Polkadot, generating additional returns on its crypto holdings. This is a key source of passive income for the company, providing regular yield to investors.

Tokenisation: Through its Drawbridge and Sell My Shares platforms, DigitalX is enabling the tokenisation of assets, bringing traditional investments like shares and real estate onto the blockchain. This innovation is expected to unlock significant liquidity and new investment opportunities.

Blockchain Solutions: As a forward-thinking fintech company, DigitalX offers a range of blockchain-related services that cater to both retail and institutional clients. These solutions include DeFi products, asset tokenisation, and crypto custody services.

 

Why Should You Invest in DCC?

DCC offers diversified exposure to the crypto market, combining Bitcoin price appreciation with staking income and blockchain innovation. This makes it a great option for investors who want more than just direct exposure to Bitcoin. By investing in DCC, you gain access to a wide range of digital assets and the potential for both capital growth and regular income generation.

What sets DCC apart from pure-play Bitcoin ETFs is its multi-faceted business model. It’s not just about holding Bitcoin; it’s about actively managing assets, generating returns through staking, and building out blockchain infrastructure. For investors who believe in the long-term potential of blockchain and digital assets, DCC offers a compelling investment that taps into both growth and yield.

 

The Macro/Regulatory Backdrop: The US GENIUS Act and Stablecoin Clarity

As cryptocurrency continues to evolve, regulation is becoming key. The U.S. GENIUS Act, signed into law in July 2025, offers much-needed clarity for stablecoins, cryptocurrencies pegged to traditional currencies like the U.S. dollar. The act mandates that stablecoins be backed 1:1 by U.S. Treasuries or fiat currency, with regular audits and anti-money laundering (AML) provisions.

 

Why Does This Matter for BTXX and DCC?

Although the GENIUS Act focuses on stablecoins, the regulatory clarity it brings will have a positive impact on Bitcoin and crypto investments as a whole. With clearer rules, institutional investors are more likely to trust and invest in regulated products like BTXX and DCC. This boosts demand for such products, driving capital inflows and potentially increasing the value of Bitcoin and related assets.

DigitalX (ASX: DCC), for example, stands to benefit from a safer, regulated environment that encourages institutional adoption. This institutionalisation narrative will help create a more secure and stable market for retail investors.

 

US Institutionalisation: A Boost for Investor Confidence

The GENIUS Act enhances confidence in the crypto market, encouraging both institutional and retail investors to consider crypto-related investments. As governments worldwide look to adopt similar frameworks, this global regulatory shift could lead to more mainstream acceptance of cryptocurrencies, including Bitcoin, making it an attractive investment for those looking for regulated exposure to the crypto market.

The GENIUS Act is a major step toward clearer, more regulated crypto markets. For Australian investors, it signals increased institutional interest and capital flows into crypto investments like BTXX and DCC, offering a more secure, transparent path into digital assets. The GENIUS Act offers vital regulatory clarity for stablecoins, establishing a clearer framework for their use and securing their backing with U.S. Treasuries or fiat currency.

This legislation is likely to spur increased institutional interest in crypto investments worldwide. For Australian investors, the clearer regulatory environment will encourage more capital inflows into regulated ASX products like BTXX and DCC, which are better positioned to attract institutional and retail investments alike. This regulatory shift is expected to boost confidence in these products, further cementing their role in the growing global digital asset ecosystem.

 

Risks & Caveats to Consider

Despite the promising upside, crypto investments on the ASX come with risks:

Volatility: Bitcoin and other crypto assets remain highly volatile, meaning investors could face significant short-term fluctuations in value.

Fees: Although relatively competitive, fees for both BTXX (0.49% p.a.) and DCC (performance fees on funds) are higher than traditional ETFs.

Custody Risks: While regulated custodians like Coinbase Custody are used for BTXX, crypto investments are not immune to potential custody issues or hacking risks.

NAV Premiums/Discounts: Crypto ETFs like BTXX could trade at a premium or discount to the underlying asset’s net asset value (NAV), depending on market demand.

Regulatory Lag in Australia: While global regulation moves forward, Australia’s crypto regulations are still evolving. Any delay in domestic frameworks could lead to future uncertainties.

 

Outlook: Performance & Sentiment in 2025

Looking ahead, BTXX and DCC are primed for growth, especially with institutional investment gaining momentum. The regulatory clarity brought about by the U.S. GENIUS Act has helped propel crypto into mainstream finance, and Australian retail investors are well-positioned to capitalise on this via regulated, ASX-listed vehicles.

If Bitcoin’s price appreciates, BTXX will naturally reflect those gains. Additionally, DCC’s diversified crypto-related income, from staking rewards, treasury assets, and fintech services, offers a dual benefit: price upside and income generation.

 

What are the Best ASX Stocks to invest in right now?

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FAQs

• Is BTXX fully backed by Bitcoin?

  Yes, BTXX holds Bitcoin in a segregated cold storage arrangement via Coinbase Custody Trust, ensuring that each unit of the ETF is backed by real Bitcoin. The ETF tracks the CME CF Bitcoin Reference Rate and aims for a tight tracking error.

• Does DigitalX manage other crypto funds beyond BTXX?

  Yes, DigitalX manages several other crypto funds, including its wholesale funds and staking services, in addition to its growing treasury and tokenisation ventures.

• What impact has the GENIUS Act had?

  The GENIUS Act provides U.S. institutional investors with clarity around stablecoin regulation, helping to propel global institutional interest into crypto. This should encourage capital flows into regulated crypto products like BTXX and DCC.

• How can I invest in BTXX and DigitalX (DCC)?

  Both BTXX and DigitalX (DCC) are ASX-listed products, meaning you can invest in them through any broker or platform that provides access to the Australian Securities Exchange. Simply buy shares or units like you would with any stock or ETF.

• Can I hold BTXX or DCC in my Self-Managed Super Fund (SMSF)?

  Yes, both BTXX and DigitalX (DCC) are ASX-listed, which means they are eligible to be included in Self-Managed Super Funds (SMSFs), allowing you to gain exposure to cryptocurrency as part of your retirement portfolio.