BetaShares crypto company ETF smashes Australian records on opening day
The CRYP fund was marketed as an opportunity for stock market investors to dip their toes into crypto
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The CRYP fund was marketed as an opportunity for stock market investors to dip their toes into crypto
Bitcoin price dropped to $60,700 on Nov. 4 and bears are keen to pin the price under $62,000 to profit from Nov. 5’s options expiry.
The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval.
Exchange-traded products with exposure to cryptocurrencies are increasingly gaining ground.
October was a record-breaking month for BTC funds, thanks to the approval of two futures-linked ETFs in the United States.
It may turn out to be a race to the finish for both traditional and crypto markets, if historical data is anything to go by.
Filing to convert GBTC now is “perfect timing,” the company’s ETF head argues, but concerns remain over the overall strength of the industry.
The Australian securities regulator decided not to require crypto ETF providers to hold domestic crypto custody.
Competitors are quickly following suit after the first U.S.-based Bitcoin ETF debuted earlier this month.
“The Market Report” with Cointelegraph is live right now with special guest Eric Balchunas, senior ETF analyst for Bloomberg.