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What is the latest news on Bitcoin ETF (ASX)?

avatarStrickland StormDec 16, 2021 · 3 years ago3 answers

Can you provide an update on the latest news regarding the Bitcoin ETF (ASX)?

What is the latest news on Bitcoin ETF (ASX)?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Sure! The latest news on the Bitcoin ETF (ASX) is that the application for the ETF is still under review by the Australian Securities Exchange (ASX). The ASX has not yet made a decision on whether to approve or reject the ETF. This means that investors will have to wait for further updates from the ASX regarding the status of the Bitcoin ETF.
  • avatarDec 16, 2021 · 3 years ago
    Well, as of now, the Bitcoin ETF (ASX) is still pending approval from the ASX. The ASX has been cautious in its approach towards cryptocurrency-related products and has been taking its time to thoroughly evaluate the risks and benefits associated with the ETF. It's important to note that the approval process can be lengthy, so it's advisable to keep an eye out for any official announcements from the ASX regarding the Bitcoin ETF.
  • avatarDec 16, 2021 · 3 years ago
    According to my sources, the latest news on the Bitcoin ETF (ASX) is that the ASX is still reviewing the application. While there is no specific timeline for a decision, it's worth noting that the ASX has been actively exploring the potential of cryptocurrency-related products. If approved, the Bitcoin ETF could provide investors with a regulated and accessible way to gain exposure to Bitcoin in the Australian market.