Cryptocurrency News

Australia’s first Bitcoin ETF could attract $1 billion after launch next week

04/20/2022

Less than a minute

2022.04.20 10:37

Australia’s first Bitcoin ETF could attract $1 billion after launch next week

Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see up to $1 billion in inflows.

An ETF is a regulated exchange traded fund that allows investors to benefit from the price of Bitcoin (BTC) without needing to own any coins themselves directly.

04/20/2022

Less than a minute

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