Bloomberg ETF analyst: The potential size of Bitcoin spot ETFs in the Asia-Pacific region is expected to reach $3 billion

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that VanEck's debut of a Bitcoin spot ETF on the Australian Securities Exchange this week could help bring $1 billion in assets under management for Australia's digital asset ETFs (equivalent to $72 billion in the U.S.). With an expected $1 billion scale in Hong Kong and $1 billion scale in South Korea, the potential assets under management in the Asia-Pacific region could reach $3 billion.