VanEck have been approved to list the VanEck Bitcoin ETF on the ASX ( Australian stock exchange) platform on the 20th of June
The current etf was listed on the Cboe Australia Exchange by MonoChrome Asset Management
The current rules for Australian retirement accounts prevents them from allocating to instruments not on the ASX. There are trillions of dollars that will now have access to bitcoin
Probably nothing
Before someone goes viral on not your keys not your corn. This is better than not having corn in some form. This money is locked away in funds until you are 67 and is typically invested in mutual funds etc that returns about 8% a year. Unless you have a self managed fund which the greater populous do not have.
#austriches
#bitcoin
Bevo / bevo
npub12gu…fle6
2024-06-18 13:53:32
Author Public Key
npub12gu8c6uee3p243gez6cgk76362admlqe72aq3kp2fppjsjwmm7eqj9fle6Published at
2024-06-18 13:53:32Event JSON
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"created_at": 1718711612,
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"content": "VanEck have been approved to list the VanEck Bitcoin ETF on the ASX ( Australian stock exchange) platform on the 20th of June\n\nThe current etf was listed on the Cboe Australia Exchange by MonoChrome Asset Management\n\nThe current rules for Australian retirement accounts prevents them from allocating to instruments not on the ASX. There are trillions of dollars that will now have access to bitcoin \n\nProbably nothing \n\nBefore someone goes viral on not your keys not your corn. This is better than not having corn in some form. This money is locked away in funds until you are 67 and is typically invested in mutual funds etc that returns about 8% a year. Unless you have a self managed fund which the greater populous do not have. \n\n#austriches\n#bitcoin",
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}