
Funds Management News
Bitcoin ETFs gaining ground in Australia as institutions weigh in
InvestorDaily
According to Jamie Hannah, VanEck’s deputy head of investments and capital markets, bitcoin ETF flows surged significantly since the December 2024 quarter, with November marking the strongest month so far. The VanEck Bitcoin ETF (VBTC) alone saw more inflows than all other bitcoin ETFs combined in the previous three months. “While flows have mostly come from retail investors, we’re starting to see more advisers incorporate bitcoin exposures based on client demand,” Hannah told InvestorDaily.
As financial advisers jump in, institutional investors are also showing interest, drawn by ASX exposure, positive research ratings, and tightening global regulations. “The ability to get bitcoin exposure on the ASX was certainly a turning point, providing investors with access from a trusted provider and the comfort of secure, institutional-grade protection,” Hannah explained, adding that positive ratings from research houses like Lonsec have helped to drive greater interest. Hannah also highlighted global efforts to establish comprehensive crypto regulations as key to legitimising bitcoin as an asset class.
The rest of this article can be found at investoraily.com.au.