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As Australia sees record-breaking ETF launches, these CEOs recommend a cautious approach
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The launch of Australia’s first crypto-focused ETFs this week was met with great fervor and excitement. Both ETFs managed to have record-breaking early trading numbers. In fact, the latest Beta Shares’ ASX-listed ‘CRYP’ ETF raked in over $42 million within the first day. It surpassed all previous launches on the exchange.
Even though a range of crypto-focused products is lined up to be launched, BetaShares CEO Alex Vynokur expressed caution towards the cryptocurrency industry.
While talking to
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