Slow start down under: Australian Bitcoin ETFs struggle to gain traction
Australian bitcoin ETFs have seen a slow start, amassing an AUM of 250 BTC two weeks after launching.
May 24th 2022
*CBTC’s exposure is in the Canadian Purpose ETF, not bitcoin directly
Source: ETF Securities, Cosmos Asset Management, Tradingview (Binance)
Two weeks after their launch, Australian bitcoin ETFs have seen their AUM reach slightly above AUD$ 10m after a slow start.