- Australia will launch a spot ether ETF following the launch of a spot Bitcoin ETF in August.
- The ETF will allow in-kind and cash redemptions.
On October 10th, the combined net assets of Hong Kong’s Bitcoin and Ethereum ETFs were approximately $262.97 million for Bitcoin and $35.07 million for Ethereum. In comparison, U.S.-listed ETFs held Bitcoin worth about $58.66 billion and Ethereum worth around $6.74 billion, as reported by SoSoValue.
Multiple nations have given the green light to crypto ETF listings following the initial launch of these funds in the U.S. in January. However, it’s important to note that all these international versions are much smaller than their American counterparts. Recently, news1 from South Korea announced that the Financial Services Commission is contemplating allowing crypto ETFs within their country as well.
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2024-10-14 10:17