Amitoj Singh is a CoinDesk reporter.
The biggest and most established global hub for everything crypto, blockchain and Web3.Australian Securities Exchange is expected to approve the first batch of spot bitcoin ETFs before the end of 2024, according to a Bloomberg report.The Australian Securities Exchange , which
of Australia’s equity market, is expected to approve the first spot-Bitcoin {BTC} exchange-traded funds before the end of 2024, Bloomberg has reported, citing people familiar with the matter.in February, it announced last month. Sydney-based BetaShares told Bloomberg it is working toward launching a product on the ASX.
ASX did not immediately respond to a CoinDesk request for comment. ASX told CoinDesk earlier this year that it “does not comment on investment product applications” but that it “continues to engage with a number of issuers that are interested in admitting crypto-asset-based ETFs.”officially approvedEarlier this month, Australia-based Monochrome Asset Management applied for a spot bitcoin ETF with the global listing exchange, Cboe Australia, CoinDesk reported.
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