{
Caroline Bowler

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}

Australia's first super fund invests 27 million dollars in Bitcoin

AMP has become Australia's first superannuation fund to invest in Bitcoin, allocating $27 million, or 0.05% of its $57 billion assets, to the digital asset. This move is part of a diversification strategy aimed at enhancing returns and managing risk, despite skepticism from other major funds like AustralianSuper and Australian Retirement Trust. The investment reflects a growing trend among institutional investors recognizing the significance of the crypto market.
Crypto Briefing
Australian Retirement Trust Australiansuper AUS Caroline Bowler Dan Farmer Steve Flegg Richard Holden Stuart Eliot Show more
Finance & Economy, Market Report
14:09 12.12.2024

record inflows into bitcoin and ether ETFs following trump's election victory

US bitcoin and ether ETFs have seen record inflows following Trump's election victory, indicating a growing speculative interest in cryptocurrencies. While Bitcoin often leads market movements, the demand for digital assets suggests that investor activity is still on the rise, according to BTC Markets CEO Caroline Bowler.
Moneycontrol
BTC Markets Pty AUS Caroline Bowler
Finance & Economy, Market Report
08:46 02.12.2024
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