In the near future, there will be a significant growth in the global market for Bitcoin ETFs, as Australia’s ASX stock exchange plans to introduce its first batch of authorized spot bitcoin ETFs by the end of 2024. Notably, VanEck, BetaShares, and DigitalX have already led the way by submitting applications for these ETFs earlier this year. This is great news for Australian investors who have been actively trading spot bitcoin ETFs since 2022, as it highlights the increasing recognition of cryptocurrency as a valid and established asset class.
Bitcoin ETFs Experience Outflows in the US and Hong Kong
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