BULLISH BREAKING NEWS:
🇦🇺 Australia’s First Spot Bitcoin ETF To Begin Trading Tomorrow Jun 4th 2024 🫡🚀
Australia is set to join the growing list of countries offering a spot Bitcoin exchange-traded fund (ETF), with the launch of the country's first such product expected tomorrow.
Monochrome Asset Management, the issuer, offers the fund as a means for investors to gain exposure to Bitcoin in a regulated framework. The ETF tracks the CME CF Bitcoin Reference Rate index, providing exposure tied directly to the spot price of bitcoin.
Source: Nasdaq