JUST

Bitcoin ETF

Bitcoin

<ul class="news-points">
 <li><strong>Australia set to debut its first spot Bitcoin ETF, marking a milestone for cryptocurrency adoption in the country.</strong></li>
 <li><strong>Coinbase targets Australia’s $600 billion pension market with new crypto services for retirees.</strong></li>
 <li><strong>Wisconsin’s state investment board makes a splash with a $160 million Bitcoin ETF purchase.</strong></li>
</ul>
<p>Australia is set to join the growing ranks of countries offering spot Bitcoin Exchange-Traded Funds (ETFs) with the expected launch of its first such product the next day.</p>
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   <p lang="en" dir="ltr">JUST IN: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1e6-1f1fa.png" alt="🇦🇺" class="wp-smiley" style="height: 1em; max-height: 1em;"> Australia's first spot <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> ETF to go live tomorrow.<br><br>Are you prepared? <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/EfKqdMU48P" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/EfKqdMU48P</a></p>— Bitcoin Magazine (@BitcoinMagazine) <a href="https://twitter.com/BitcoinMagazine/status/1797543991950614917?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 3, 2024</a>
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<p>Barring any last-minute delays, Monochrome Asset Management has announced its Bitcoin ETF (IBTC) will begin trading on June 4. Trading under the ticker IBTC, the ETF will carry a 0.98% management fee. Monochrome Asset Management, the ETF’s sponsor, is offering this fund as a way for investors to gain exposure to Bitcoin within a regulated framework.</p>
<p>By tracking the CME CF Bitcoin Reference Rate index, the ETF will provide exposure directly correlated with the spot price of Bitcoin. This launch marks a significant milestone for…</p>
<p>The post <a href="https://coinedition.com/bitcoin-etfs-go-live-in-australia-will-this-spark-a-global-trend/" rel="noopener noreferrer nofollow">Bitcoin ETFs Go Live in Australia: Will This Spark a Global Trend?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Bitcoin ETFs Go Live in Australia: Will This Spark a Global Trend?

Coin Edition

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