Australian Stock Exchange Considers Spot Bitcoin ETFs by Year-End

Australia's main stock exchange, ASX, might list its first approved Bitcoin #ETFs✅ directly tied to Bitcoin's price by the end of this year, according to Bloomberg.

Applications submitted: Several firms, including VanEck, BetaShares, and DigitalX, have already applied for these ETFs earlier this year.

ASX dominance: ASX controls roughly 80% of Australian stock trading and boasted a domestic market value of $2.73 trillion in March.

Existing options: Australian investors have already had access to spot Bitcoin ETFs for a while, though currently traded on CBOE Australia.

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