Australia’s first Bitcoin EFT to launch next week

Australian financial regulators have finally greenlit the countrys first Bitcoin (BTC) exchange-traded fund (ETF), which is scheduled to start trading next week. Some estimate that the new product could lure in as much as $1 billion in investments. Australian crypto investors will soon have access to the first Bitcoin ETF in the country. The Cosmos Asset Management Bitcoin ETF will start trading on CBOE Australia on April 27, 2022, after it secured approval from the Australia Securities Exchange (ASX) Clear capital markets clearinghouse, according to the Australian Financial Review. The...



source: https://tokenpost.com/Australias-first-Bitcoin-EFT-to-launch-next-week-9584

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