Business
VanEck, BetaShares in race for bitcoin ETF – The Australian Financial Review
VanEck and BetaShares have each lodged submissions with the ASX as they race to list the country’s first cryptocurrency-backed exchange-traded fund.
Mr Neiron said VanEck considered crypto assets a form of digital gold and akin to a commodity and that ETFs are the optimal delivery mechanism.
Homegrown ETF manager BetaShares has also lodged a formal submission with the ASX, pitting the two ambitious rivals against each other in a race for ASX and regulatory approval.
BetaShares managing director Alex Vynokur confirmed the ASX application but would not comment on whether it was planning a bitcoin ETF or a product more broadly backed by digital…
-
General18 hours agoMore buses without dedicated lanes likely after Gold Coast light rail plan scrapped
-
Business22 hours agoTesla just offered Elon Musk $1 trillion. Here’s what it could mean for the company.
-
Noosa News19 hours agoStolen truck chase ends in arrest after chaotic three-hour pursuit from Brisbane to Tiaro
-
Noosa News17 hours agoBrisbane kindergarten thrown into chaos amid bitter dispute