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…
-
Business21 hours agoThe ultimate Australian stocks to buy and hold for 10+ years
-
Noosa News16 hours agoLNP Premier David Crisafulli announces ‘Queensland’s royal commission’ into CFMEU
-
General24 hours agoTaipan-like helicopter to fly again during Talisman Sabre exercises in biannual war games
-
General23 hours ago‘Hidden and radical’ power of First Nations women unlocked in big hART’s Punkaliyarra project