Australia: Bitcoin Retail Fund Receives Approval from ASIC

ASIC has recently approved the Bitcoin retail fund, Raiz Invest Australia which is also the first of its kind the country. Raiz Invest Australia has reportedly raised approximately $444.7 million funds under management and to launch the retail Bitcoin fund Soon. Apart from that, the Raiz app has also been receiving a positive welcome from the citizens as it has been downloaded more than 1.1 million times. 

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