top-crypto-news.org
No Result
View All Result
  • Home
  • Bitcoin
  • NFT
  • DeFi
Bitcoin ticker
Bitcoin
$30601
BTC
Ethereum ticker
Ethereum
$2088.12
ETH
BNB ticker
BNB
$307.58
BNB
Cardano ticker
Cardano
$0.581424
ADA
Solana ticker
Solana
$56.41
SOL
Bitcoin ticker
Bitcoin
$30601
BTC
707.87
  • Home
  • Bitcoin
  • NFT
  • DeFi
No Result
View All Result
top-crypto-news.org
No Result
View All Result
top-crypto-news Bitcoin

Launch of Australia’s first Bitcoin ETF faces delays

Alex Coin
April 27, 2022
Reading Time: 3 mins read
0
What is Bitcoin?

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

En concreto, se han retrasado los lanzamientos de al menos tres ETF de criptomonedas, que recibieron luz verde la semana pasada en Australia.

RELATED POSTS

NASDAQ announces partnership with XP to launch new Bitcoin exchange in Brazil

There will be a large meeting of 44 countries on Bitcoin in El Salvador today, announced President Bukele

Portugal: apartment was sold for 3 bitcoins thanks to new regulation in the country

***

The much-anticipated launch of the first exchange-traded fund (ETF) of the Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. in Australia is experiencing delays.

As reported by DiarioBitcoin, last week, Australia’s regulators and the national clearing house, ASX Clear, announced the launch of an ETF of Bitcoin the first of its kind in the country, after obtaining its approval. The trading of the new product was planned to be launched on the platform. CBOE April 27th.

“ We are now at our minimum number of clearing participants and that means we are ready to start. “said Hamish Treleaven, chief risk officer for ASX , at that time .

However, according to a report by Australian Financial Review (AFR) launch will no longer occur on schedule due to a delay. The media indicated that the delay is due to a runner ” main ” o ” executor “which has not yet approved the products, an issue which in turn was attributed to a delay in appointing a market maker for the product launch.

“ Standard checks are still being completed prior to the commencement of trading “, he declared CBOE in a ad Tuesday. The platform a place to buy, sell and store cryptocurrency did not provide a new launch schedule. . Instead, he stressed that the delay was due to routine checks and added that he would provide an update. in the coming days “.

Three cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. ETFs on hold in Australia

Como tal, son three cryptocurrency ETFs that received approval from regulators and ASX and whose negotiation is now experiencing delays. One of them is the Cosmos Asset Management which offers investors exposure to Bitcoin through the ETF an Exchange-traded Fund, an investment fund that users trade on exchanges and trading platforms. Purpose Bitcoin, which was listed on the Toronto Stock Exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. last November.

The others are the fund managers’ products ETF Securities y21 Sharesthat include an ETF of Bitcoin and an ETF of Ethereum a decentralized open-source blockchain with smart contracts functionality. both cash cash is the most liquid form of money: physical coins and banknotes in the most narrow sense of the term. (or physical). However, it seems that, for at least one of these companies, the delays began on Friday, when they noticed that the fixes weren’t quite ready for launch.

“ We realized late Friday that an intermediate service provider may not be fully prepared to support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. the launch of Bitcoin and Ethereum ETFs “said Evan Metcalf, chief product officer for ETF Securities , en un comunicado compartido con el medio Reject .

Despite the delay, there are still high expectations for the arrival of the first cryptocurrency ETFs to the Australian market an area or arena, online or offline, in which commercial dealings are conducted. as they are expected to serve as the country’s first major test of demand for cryptocurrencies from traditional investors. A previous report by AFR already anticipated the flow of $1 billion following the arrival of the first ETF of Bitcoin from Australia.

Meanwhile, it is reported that asset management companies, VanEck Australia, BetaShares y Monochrome Asset Management, are also interested in quoting ETF linked to Bitcoin en Australia.


  • Australia is moving forward with a landmark framework to regulate cryptocurrencies
  • Grayscale CEO says it’s “a matter of time” before the SEC approves the first Bitcoin ETF in the U.S.
  • US: SEC officially rejects application for Bitcoin ETF filed by ARK Invest investing is when you put money in a financial scheme with the intent of making a gain.

Article by Hannah Estefania Perez / DiarioBitcoin

Imagen de Unsplash

ShareTweetPin

Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

Related Posts

bitcoin brasil
Bitcoin

NASDAQ announces partnership with XP to launch new Bitcoin exchange in Brazil

May 17, 2022
evento btc
Adoption

There will be a large meeting of 44 countries on Bitcoin in El Salvador today, announced President Bukele

May 17, 2022
Braga Portugal
Adoption

Portugal: apartment was sold for 3 bitcoins thanks to new regulation in the country

May 14, 2022
Ballenas BTC Pixabay
Bitcoin

Whale with over 1,000 BTC wakes up after 8 years of dormancy and moves amidst the fall that shakes the market

May 14, 2022
reloj-unsplash
Bitcoin

Kiyosaki calls Bitcoin’s fall a positive and anticipates more to come: “Perfect time to get rich”

May 13, 2022
loser-unsplash
Bitcoin

El Salvador, Tesla and MicroStrategy posted losses in the millions during the Bitcoin crash

May 13, 2022
Next Post

Bitcoin price drops to USD $38,000, Dogecoin retreats and major altcoins go down on April 26th

mineria-unsplash

Bill to pause Bitcoin mining for 2 years moves forward in New York

Bitcoin news

hate-bitcoin-unsplash-canva

Billionaire Charlie Munger goes against Bitcoin again: “I wish it had never been invented”

December 3, 2021
pago-btc-lightning-unsplash-canva

Bitwage procesa el primer pago de nómina salarial con Bitcoin a través de Lightning 

December 6, 2021
google-unsplash

Google shut down massive botnet that used the Bitcoin blockchain to spread malware

December 7, 2021
top-crypto-news.org

Recent Posts

  • Spotify tests NFTs and Morgan Stanley suggests sector could be next to fall after UST
  • Investor who lost $2 million in Terra broke into Do Kwon founder’s home
  • NASDAQ announces partnership with XP to launch new Bitcoin exchange in Brazil

© 2021 top-crypto-news.org

No Result
View All Result
  • Home

© 2021 top-crypto-news.org