Australia to Test Crypto Demand with Bitcoin ETFs

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3 Comments

1. Is this a spot ETF or a futures-backed ETF? The article does not make it explicit.

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2. tldr; Cosmos Asset Management will launch the Cosmos Purpose Bitcoin Access ETF in Australia next week. The fund will invest in the Purpose Bitcoin ETF, a Toronto-listed fund with about $1.3 billion in assets. There is speculation $1 billion will flow into the country’s first bitcoin ETF.

   *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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3. I can unequivocally say that trading is one of the most profitable and lucrative business for every investors with the right expert.

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