INVESTOR EDUCATIONINVESTMENT THEMESCRYPTOCURRENCY & BLOCKCHAIN
Wed 26 June 2024
Why there’s buzz about the arrival of bitcoin ETFs
Bitcoin is now much easier to own for Aussie investors thanks to the ASX listing of the first such ETF last week. The move follows the lead of the US market, which opened the door to bitcoin ETFs in January this year. Investors have since poured billions of dollars into cryptocurrency ETFs, with US bitcoin ETFs collectively amassing over $57 billion of inflows within three months of launch, including offerings from BlackRock, Fidelity Investments, and VanEck.