Australia’s securities regulator warns investors ahead of Bitcoin ETF launch on ASX

The Australian Securities and Investments Commission (ASIC) has issued a cautionary statement to investors in anticipation of the launch of Bitcoin exchange-traded funds (ETFs) on the Australian Stock Exchange (ASX). The regulatory body highlighted the inherent risks associated with cryptocurrencies, emphasizing that investors should only use funds they are “prepared to lose.” ASX approves first

Source: Invezz