Australia's leading stock exchange, the ASX, approved its second Bitcoin ETF, reflecting growing appetite for Bitcoin investment vehicles within the mainstream Australian market.
Spot Bitcoin ETFs in the U.S. recorded their largest daily inflow in almost a month on Monday at $129 million, marking a bullish sign for Bitcoin as historically positive July seasonality approaches.
Australia's largest stock exchange, ASX, approved it's first spot Bitcoin ETF issued by VanEck, joining other major markets embracing Bitcoin investment vehicles.
US spot bitcoin ETFs saw their second-highest daily inflow ever on Tuesday at over $880 million, the most since March, as demand returns amid Bitcoin's resurgence.
Goldman Sachs' head of digital assets calls Bitcoin ETFs an "astonishing success", signaling a pivot after years of Bitcoin skepticism from the Wall Street giant.
BlackRock's spot bitcoin ETF, iShares Bitcoin Trust (IBIT), has surpassed Grayscale to become the world's largest bitcoin fund with over $20 billion in assets.
Spot bitcoin ETFs record $107.91M in inflows for a 9th straight day, the longest run since mid-March, as demand for the successful new products continues.
