News Explorer — Australia's Top Exchange Expected to Approve Spot Bitcoin ETFs

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Apr 29, 5:11 pm

Decrypt

Australia's Top Exchange Expected to Approve Spot Bitcoin ETFs

ASX, Australia's largest securities exchange, is expected to approve spot Bitcoin ETFs before the end of 2024. The exchange is engaging with issuers interested in admitting cryptoasset-based ETFs, but has not provided a specific timeframe. Applications for spot Bitcoin ETFs are pending from asset management firms VanEck, DigitalX, and BetaShares.

ASX, Australia's largest securities exchange, is expected to approve spot Bitcoin ETFs before the end of 2024. The exchange is engaging with issuers interested in admitting cryptoasset-based ETFs, but has not provided a specific timeframe. Applications for spot Bitcoin ETFs are pending from asset management firms VanEck, DigitalX, and BetaShares.

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