AB1 0.00% 18.0¢ abarta resources limited

ab1 media, page-1613

  1. 365 Posts.
    lightbulb Created with Sketch. 368
    The first crypto ETFs appear to be limited to Bitcoin. ARK are due to launch one soon (subject to SEC approval). Seems a bit pointless, but it's for investors who want to stick with doing things the traditional way rather than directly purchasing bitcoin.

    The ASX recently knocked-backed a proposal for a Bitcoin ETF, which demonstrates how short-sighted they are.

    It would make much more sense to launch ETFs with a broader basket of cryptocurrencies, such as ETH, but I guess that these will follow a few years down the line. NFT ETFs could be 5+ years away.

    There seems to be a few NFT Funds that private investors can invest in, but I can't recall their names. A quick Google search will probably reveal them.


 
watchlist Created with Sketch. Add AB1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.