Australia Moves on a Spot Bitcoin ETF; Franklin Templeton on Bitcoin NFTs

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Australia Moves on a Spot Bitcoin ETF; Franklin Templeton on Bitcoin NFTs
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'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Australia-based Monochrome Asset Management announced their application for a spot bitcoin (BTC) exchange traded fund. Plus, the state of bitcoin miner Hut 8 (HUT) after its merger with US Bitcoin Corp.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Australia-based Monochrome Asset Management announced their application for a spot bitcoin exchange traded fund.Australia could have a spot Bitcoin ETF soon and could ordinals dominate the NFT market. You're watching Coindesk Daily, I'm your host, Jen Sei Australia is one step closer to getting a spot. Bitcoin ETF of its own asset manager.

That's according to a research report from broker Can accord genuity. Analysts wrote that H eight has around seven exa hashes per second of self mining capacity and revenue from self mining accounts for around 68% of revenue today with the remaining coming from managed services hosting and high performance computing. The report added that with the Bitcoin having event expected later this month.

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