ASX gives Bitcoin ETF green light

Australia’s first bitcoin exchange-traded-fund (ETF) is set to list next week after ASX Clear announced it had enough clearing participants to give it the green light.
Cosmos Asset Management could launch its bitcoin ETF as early as April 27.
Sky News Australia discussed the issue with Cosmos Asset Management CEO Dan K. Annan Jr.
"At Cosmos we've been at the forefront trying to deliver access to the Bitcoin and cryptocurrency asset to the Australian investor," Mr Annan told Sky News Business Editor Ross Greenwood.
"Just yesterday, we heard news that ASX Clear has adequate number of clearing participants, which then sets us up to be able to deliver products within the next seven calendar days."

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Is BitCoin an asset ?

[@investwithboro2229]

yes

[@buildmotosykletist1987]

@@investwithboro2229 : No, it's not. Look up "Asset". The price of it has more than halved. Only a fool would not dump it.

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@@buildmotosykletist1987 government considers them assets for tax proposes just like fiat !

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But the price of Bitcoin has halved.

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@@buildmotosykletist1987 its not a currency, it is money. There is a difference..

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@@k3nstyl : What is the difference ?

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Better wait till BTC can hold and maintain to hold the 1 Day 200 Simple Moving Average before buying BTC . ;)

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First of all BTC is NOT Bitcoin (read that white paper please so to educate yourself and stop misinforming others, it clearly defines rules of the Bitcoin system which BTC no longer follows) Second, this is not a spot BTC ETF at all, rather is allowing Australian companies to buy shares of an exchange in Canada that does stop ETF of BTC (which is once again, NOT Bitcoin)

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Which planet are you from ?

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Zelensky legalized the use of Bitcoin in the Ukraine. Which is a Central Bank Cryptofascist Currency. That gives the Government that uses it, more power over the people it serves.

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Asset?

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Why would you sell bitcoin?

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