Bloomberg Analyst: Potential Spot Bitcoin ETF in Asia Pacific Will Reach $3 Billion

Odaily News Bloomberg analyst James Seyffart wrote on the X platform that VanEcks first listing of a spot Bitcoin ETF on the Australian Stock Exchange this week could help bring $1 billion in AUM to Australian digital asset ETFs (equivalent to $72 billion in the United States). Combined with our estimated $1 billion in Hong Kong and $1 billion in South Korea, the potential AUM in the Asia-Pacific region will reach $3 billion.