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Approved spot Bitcoin ETFs could be coming to Australia’s largest stock exchange
Approved spot Bitcoin ETFs could soon be visible on the Australian ASX stock exchange, according to a report from Bloomberg.
A spokesperson from ASX who spoke to the news publisher said the exchange “continues to engage with a number of issuers that are interested in admitting crypto asset-based ETFs,” but a timeframe or confirmation was not disclosed. The go-ahead was given to 11 Bitcoin exchange funds and these have since amassed $53.16 billion in total net assets which exceeds pre-launch expectations. Heading straight into a regional newsroom, after graduating with a BA (Hons) degree in Journalism, Sophie started by working for Reach PLC.
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