Bitcoin ETFs get the green light
The clearing house controlling access to equity capital markets will give the go-ahead for the first bitcoin ETF after players agreed to tough margin requirements.
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The clearing house controlling access to equity capital markets will give the go-ahead for the first bitcoin ETF after players agreed to tough margin requirements.
The Australian fund would invest in shares of Canada’s first bitcoin spot ETF, launched by Purpose Investments in early 2021.
There is a lot at stake for whoever wins the battle to list the first bitcoin ETF in Australia. But first, brokers have to agree to a world-leading collateral obligation.
BTC price took a sharp tumble below a key support level, but data shows today’s dip could be another buying opportunity for bulls.
The Glassnode report concluded that exchange outflows are at 2022 highs and that investors are depositing more Bitcoin to Canadian ETFs now than ever before.