Australian regulators open to Bitcoin ETF with ‘rules in place’

Cointelegraph

Published Feb 12, 2021 06:21AM ET

Updated Feb 13, 2021 08:20AM ET

The Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds.

According to a Feb. 12 report by the Australian Financial Review, the commission addressed the subject after previously rejecting a Bitcoin ETF initiative by local company Cosmos Capital.

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