Australian Stock Exchange ASX is discussing the listing of Bitcoin spot ETFs with several companies

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Odaily2024/06/20 06:57

By:Odaily

Odaily News The VanEck Bitcoin ETF debuted on the Australian Securities Exchange (ASX) on Thursday with a seed investment of about A$985,000. Sydney-based BetaShares Holdings Pty and another Australian company, DigitalX Ltd., are also in line to list on the ASX. An ASX spokesman said VanEck is the only applicant approved so far, and contacts with other issuers are ongoing. Bloomberg senior ETF analyst Rebecca Sin pointed out that the potential market size of virtual asset ETFs in the Asia-Pacific region may exceed US$3 billion in the next few years. Sin added that if Australia, South Korea and other countries allow cryptocurrency ETFs to be listed, the market share in these regions may be evenly distributed. (Bloomberg)

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South Korea’s ruling People Power Party has confirmed that the trading of spot digital asset ETFs will be permitted by the end of this year, according to local media outlet Edaily. For the first time, this development will allow domestic investors to gain exposure to major cryptocurrencies like Bitcoin and Ethereum through exchange-traded funds.

DeFi Planet•2025/04/29 22:22

South Korea to Launch Spot Bitcoin ETF This Year

AUSTRAC Warns Inactive Crypto Exchanges of Deregistration

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has raised fresh concerns about the integrity of the country’s crypto landscape, revealing that several cryptocurrency exchange providers remain on the official register despite no longer being operational. These dormant platforms now risk deregistration unless they voluntarily withdraw.

DeFi Planet•2025/04/29 22:22