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https://bitcointradecryptoesp.blogspot.com/2024/04/el-auge-de-australia-mas-de-1000.html?m=1

Australia's rise: Over 1,000 Bitcoin ATMs and on track to approve ETFs

Australia has reached a significant milestone in the world of cryptocurrencies by surpassing 1,000 Bitcoin ATMs in operation. This figure puts Australia on par with powerhouses like the United States and Canada in terms of cryptocurrency infrastructure.

As of April 24, Australia hosts an active network of 1,002 Bitcoin ATMs, representing 2.7% of the global network. This expansion has been largely driven by businesses.

This milestone marks a significant change in the perception of Australia as a market for cryptocurrency ATMs, as it had historically been a relatively dormant market in this regard.

With this rapid expansion, Australia is well positioned to continue growing in the cryptocurrency market and could even overtake Europe in terms of the number of Bitcoin ATMs in operation.

Additionally, the recent announcement that the Australian Stock Exchange (ASX) will list the first batch of spot Bitcoin ETFs demonstrates a continued rise in institutional cryptocurrency adoption in the country.

With issuers such as Van Eck Associates Corp. and BetaShares Holdings Pty preparing to go public, Australia joins the growing list of countries leading the way in the world of cryptocurrency investing.

ASX Ltd. is expected to approve these Bitcoin ETFs before the end of 2024, which could trigger a significant asset flow into these new products, including self-managed pension assets.

In summary, Australia is demonstrating substantial growth in its cryptocurrency infrastructure and adoption, positioning the country as a major player in the digital financial world.