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Bloomberg Analyst: Potential Spot Bitcoin ETF in Asia Pacific Will Reach $3 Billion
Odaily2024/06/21 16:17
By:Odaily
Odaily News Bloomberg analyst James Seyffart wrote on the X platform that VanEcks first listing of a spot
Bitcoin ETF on the Australian Stock Exchange this week could help bring $1 billion in AUM to Australian digital asset ETFs (equivalent to $72 billion in the United States). Combined with our estimated $1 billion in Hong Kong and $1 billion in South Korea, the potential AUM in the Asia-Pacific region will reach $3 billion.
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