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Australia’s first Ethereum ETF to launch on 15th Oct 2024

Leave a Comment / News / By Sahil Thakur

Australia is set to launch its first spot Ethereum exchange-traded fund (ETF) through Monochrome Asset Management, following the successful debut of the country’s spot Bitcoin ETF in August. The Monochrome Ethereum ETF (IETH) will start trading at 10:00 AM AEDT on Tuesday, with the goal of capitalizing on growing interest in crypto ETFs worldwide. Although …

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Australia with highest growth in Bitcoin ATMs

Leave a Comment / News / By Sahil Thakur

Bitcoin ATMs are rapidly proliferating in Australia, making it the fastest-growing market for these kiosks globally. Users of these ATMs can deposit cash to receive cryptocurrency in digital wallets or withdraw cash from crypto sales. The United States leads the market with around 32,000 machines, followed by Canada with 3,000. Australia has surged to third …

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Australian Securities Exchange approves Bitcoin Spot ETF

Leave a Comment / News / By Sahil Thakur

Australian Securities Exchange, the largest stock exchange in Australia has approved its first spot Bitcoin ETF which will be live from 20th June 2024.