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global Bitcoin ETF marketCoinGape
•78% Informative
Bloomberg 's Eric Balchunas forecasts $1 billion in assets under management for Australian digital asset ETFs due to the new VanEck Bitcoin ETF.
VanEcks spot Bitcoin ETF on the Australian Securities Stock Exchange ( ASX ) is set to significantly enhance the digital asset market in the Asia Pacific region .
Similar growth is anticipated in other parts of Asia , with Hong Kong and South Korea each expected to see an additional $1billion in AUM .
This suggests a potential $3 billion uplift across Asia Pacific digital assets sector.
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