The first crypto industry-focused exchange traded fund (ETF) in Australia was launched on Thursday this week, and within 15 minutes of trading a new record in trading volumes on the Australian stock market was smashed. Meanwhile, new regulations have opened the door for spot-based bitcoin (BTC) and ethereum (ETH) ETFs to launch.
The Crypto Innovators ETF, brought to market by local fund management firm BetaShares and traded under the ticker CRYP, saw its trading volumes exceed AUD 8m (USD 5.9m)
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