Australia Welcomes First Spot Bitcoin ETF with Direct BTC Holdings
Monday, 3 June 2024, 10:14
Australia's First Spot Bitcoin ETF Launch
Australia is about to break new ground in the world of cryptocurrency investments with the launch of its first spot Bitcoin ETF. Unlike existing products, this ETF will hold Bitcoin directly, offering investors a more direct way to access the digital asset.
Direct Exposure to Bitcoin
This move is seen as a significant step for the Australian market, providing investors with the opportunity to gain exposure to Bitcoin without the need to own or manage the crypto assets themselves.
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