$BTC | The SEC chair wants tokenised stock markets. Australia already has this for bitcoin: six spot ETFs trade on ASX and Cboe/TMX Australia now, regulated and live. On the desk we once explained bitcoin exposure through CFDs. An ASIC-regulated ETF with an institutional custodian is cleaner for most retail investors. VanEck's VBTC charges 0.45%. It holds roughly AUD 292 million. SatoshiMacro's guide models a 10-year AUD 10,000 holding at AUD 250 to 490 in ETF fees versus AUD 10 to 100 direct. My read: the SEC headline is years ahead of anything here. Limitation: smaller listed funds can carry spreads above 0.3% in quiet trading. The 50 percent CGT discount still applies.
https://satoshimacro.com/guides/etfs/bitcoin-etf-australia/?utm_source=binance_square&utm_medium=social&utm_campaign=autopilot_short-2
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