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![](https://cryptocrunchapp.com/wp-content/uploads/2024/04/Australian-Securities-Exchange-bitcoin-etfs.jpg)
Australia’s largest stock exchange, the Australian Securities Exchange (ASX), is reportedly set to approve several spot Bitcoin exchange-traded funds (ETFs) by the end of 2024.
Following the lead of fund issuers in the United States and Hong Kong, VanEck Australia and local ETF-focused fund manager BetaShares are expected to have their applications approved, according to anonymous sources cited by Bloomberg.
Australian Securities Exchange: Confidence in Launch of Bitcoin Spot ETFs
ASX, which manages about 80% of local trades in Australia and boasts a domestic market capitalization of $2.7 trillion as of March 2024, is seen as a key platform for the introduction of…
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