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Australia’s First Spot Bitcoin ETF Launching Tomorrow

Australia’s First Spot Bitcoin ETF Launching TomorrowAustralia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bitcoin. Previously, Australian investors were limited to indirect bitcoin ETFs or offshore options, which did not offer the same investor protections established […]

Bitcoin sinks under $60,000 as $157 million in long positions are liquidated