VanEck Spot Bitcoin ETF Set to Infuse $1B into Asia Pacific Markets, Says Bloomberg Analyst

The launch of VanEck’s spot Bitcoin ETF on the Australian Securities Stock Exchange (ASX) is anticipated to significantly influence the Asia Pacific crypto markets. Bloomberg’s Eric Balchunas predicts that the new ETF will draw approximately $1 billion in assets under management to Australian digital asset ETFs. The ETF’s initial trading volume of 1.9 million AUD

Source: CoinOtag