Australia is poised to introduce its first spot Bitcoin ETFs by the end of 2024, with the ASX stock exchange preparing for the launch. Bloomberg reports that the ASX, which handles the majority of Australia's equity trading, is in discussions with various issuers, including prominent names like VanEck and BetaShares. This move follows similar launches in the US and Hong Kong, signaling significant potential inflows into the market.
Sources
Bloomberg Crypto
Australia is set for a wave of Bitcoin ETF launches this year, following in the footsteps of the US and Hong Kong, as issuers like VanEck and BetaShares line up for listings https://t.co/uRGpM1pueI
Decrypt Approval of spot Bitcoin ETFs on the ASX exchange, which accounts for the bulk of Australia's equity trading, is reportedly near. Click to read: https://t.co/N2dwN7HnKF
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Bitcoin ETFs Expected to Launch on Australia's ASX Exchange in 2024: Report ► https://t.co/Xmj9561G47 https://t.co/Xmj9561G47
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