• 30 September, 2024
Bitcoin

Australia’s ASX Set to Launch Bitcoin ETFs by 2024

Australia's ASX stock exchange aims to introduce its first batch of spot bitcoin exchange-traded funds (ETFs) by the end of 2024. Leading issuers, including VanEck and local firms BetaShares and DigitalX, have already filed ETF applications. According to an ASX spokesperson, ASX, commanding 80% of local trades and having a market capitalization of $2.7 trillion as of March, is in discussions with issuers keen on crypto asset-based ETFs.

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