Bitcoin exchange-traded funds (ETFs) are set to make their debut on the main board of the Australian Securities Exchange (ASX) by the end of this year, according to Bloomberg. The ASX, which handles the majority of equity trading in Australia, is expected to see listings from issuers such as VanEck and BetaShares. Justin Arzadon, head of digital assets at BetaShares, believes that the massive inflows seen in the US prove the staying power of digital assets. The move towards Bitcoin ETFs in Australia is also driven by the country’s $2.3 trillion pension market, which has the potential to contribute significantly to ETF inflows.
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Bitcoin spot ETFs expected to debut on Australian top exchange’s main board this year: Bloomberg
