From Cointelegraph: 2024-04-29 01:44:46

Australia’s spot Bitcoin ETFs could attract $3-4 billion in the first three years, says Monochrome CEO Jeff Yew. This news highlights the potential for significant investment and growth in the cryptocurrency market in Australia.

Investors in Australia are showing strong interest in spot Bitcoin ETFs, with expectations of billions of dollars in inflows. Monochrome CEO Jeff Yew predicts that the ETFs could see $3-4 billion in investments within the first three years, showcasing a growing demand for cryptocurrency investment opportunities in the country.

Read more at Cointelegraph: Australia’s top exchange may approve spot Bitcoin ETFs this year: Report