Replying to Avatar bevo

VanEck have been approved to list the VanEck Bitcoin ETF on the ASX ( Australian stock exchange) platform on the 20th of June

The current etf was listed on the Cboe Australia Exchange by MonoChrome Asset Management

The current rules for Australian retirement accounts prevents them from allocating to instruments not on the ASX. There are trillions of dollars that will now have access to bitcoin

Probably nothing

Before someone goes viral on not your keys not your corn. This is better than not having corn in some form. This money is locked away in funds until you are 67 and is typically invested in mutual funds etc that returns about 8% a year. Unless you have a self managed fund which the greater populous do not have.

#austriches

#bitcoin

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Splintern 1y ago

I agree for normies... But for most #AUStriches on Nostr though... Get an SMSF... Put those sats in cold storage.

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