Investors cold-shouldered the Cosmos ETFs in the so-called “crypto winter.”

The Cosmos Purpose Bitcoin Access ETF, Cosmos Purpose Ethereum Access ETF, and Cosmos Global Digital Miners Access ETF, all of which were trading on the Cboe exchange in Australia, have applied for delisting, less than a year after their much-publicised launch. (COIN TELEGRAPH)

Cosmos Asset Management applied for a trading halt of the Cosmos Purpose Bitcoin Access ETF and the Cosmos Purpose Ethereum Access ETF on October 31. A similar trading halt was effected for the Cosmos Global Digital Miners Access ETF on October 31.

The three ETFs to be suspended each currently have assets under A$1 million.

A Bloomberg report quoted Cosmos chief executive Dan Annan as follows: “While we strongly believe in the asset class, we are all disappointed with this result, however, we will continue to follow the process in the best interest of all unit holders.”

In the US, Valkyrie Funds said in October it would shutter the Valkyrie Balance Sheet Opportunities ETF, a crypto investment product offering indirect exposure to BTC. Accordingly, the ETF delisted from the Nasdaq exchange on Oct. 31.

The fund’s dissolution “was the best course of action,” Valkyrie said, noting the decision to cut it was “part of an ongoing review of products aimed at ensuring the firm best meets client demand.”

Related Story: Australia’s First Bitcoin ETF May Debut Next Week