11/01/2024
US BASED SPOT BITCOIN ETFs HAVE OFFICIALLY BEEN APPROVED BY THE SEC!!!
This milestone marks a significant leap forward for the digital asset space, as this is the first time that a spot Bitcoin ETF has been approved for listing in the US. Bloomberg estimates up to US $4 billion in inflows on the first day of trading and Standard Chartered estimating up to US $50 billion to US $100 billion in inflows in the first year.
DigitalX is the only ASX-listed digital asset company in Australia, with two Funds holding Bitcoin on behalf of investors.
Watch the below ausbiz interview with DigitalX CEO Lisa Wade, as she discusses the status of the ETFs as well as the following topics:
1. The Bitcoin rollercoaster
2. What is the digital asset outlook for 2024?
3. What are the details of the recently released DigitalX Share Purchase Plan?
4. The future of Bitcoin and real world asset tokenisation
Bitcoin's (BTC) volatility is a certainty, states Lisa Wade, CEO of DigitalX. She cites three current certainties in life: death, taxes, and volatility in Bitcoin. According to Lisa, 2024 has started strong for Bitcoin, following a robust performance in 2023. In correlation with Bitcoin's price,....