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.
