Odaily News ASX Ltd., Australia's largest stock exchange, is expected to approve the first Bitcoin spot ETFs to be listed on the main board by the end of 2024, according to people familiar with the matter. It is reported that ASX handles about four-fifths of stock transactions in Australia. A spokesperson for Sydney-based BetaShares said in an interview that the company is working on launching a cryptocurrency ETF on the Australian Stock Exchange. Justin Arzadon, head of digital assets at BetaShares, said the company has reserved ASX stock codes for Bitcoin spot ETFs and Ethereum spot ETFs. Another local company, DigitalX Ltd., said in its half-year results report in February this year that it had applied for a Bitcoin ETF. VanEck also resubmitted its application in February this year. An ASX spokesperson said the exchange will "continue to engage with some issuers interested in launching crypto ETFs" but did not confirm a timeline. (Bloomberg)