VanEck and BetaShares apply for Aussie crypto ETFs as family offices snap up BTC
Cointelegraph
Published May 05, 2021 10:51PM ET
Updated May 06, 2021 12:40AM ET
Family offices in Australia are reportedly piling into digital assets as fund managers compete to list the country’s first cryptocurrency-backed exchange-traded fund.
VanEck and BetaShares have each lodged submissions with the Australian Securities Exchange (ASX) following a rejection of industry speculation in March that the exchange was opposed to such products. The ASX confirmed that had received formal applications from several other investment managers eager to launch their own Bitcoin ETFs.
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Written By: Cointelegraph
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