Australia's Bitcoin spot ETF approval đđđ
Here are the latest updates on Australia's Bitcoin spot ETF approvel
- *Australia is preparing for significant Bitcoin ETF launches*: Australian financial regulators are in talks to approve the first Bitcoin spot ETF product by the end of this year.
- *11 Bitcoin spot ETF products are available in the US*: In January of this year, the United States Securities and Exchange Commission (SEC) approved these applications.
- *Following the approval of BTC ETF in the US & Hong Kong*: Australian players are also looking to bring their native Bitcoin spot ETF, before the end of this year.
- *Australian Securities Exchange Could Approve Spot-Bitcoin ETFs*: At least two entities have applied with the ASX, and another is working towards it.
- *DigitalX Ltd. applied in February*: VanEck resubmitted an application in February, it announced last month. Sydney-based BetaShares told Bloomberg it is working toward launching a product on the ASX.
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