Australia Approves Second Bitcoin ETF On Premier Stock Exchange

Quick Summary:

Sydney-based asset manager DIGITALX has secured approval from the Australian Securities Exchange (ASX) to introduce a Bitcoin ETF (exchange-traded fund), marking the second such product to receive the green light from Australia’s top stock market.

BetaShares Holdings, a fund manager based in Sydney, has also submitted an application to launch Bitcoin and Ethereum ETFs on the ASX.

Furthermore, as reported by our sister site NewsBTC, July has historically been a favorable month for Bitcoin, with an average return of 7.98% and a median return of 9.60%.

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Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: HungaryAustraliaUnited States

Topics: Bitcoin price Btc Bitcoin ETF Bitcoin news BTCUSDT Bitcoin Crypto Btcusd Bitcoin News Crypto news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 01:00:02 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21560104

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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