NZX main board to get bitcoin ETF

NZX main board to get bitcoin ETF
Smart chief executive Anna Scott told BusinessDesk the move is about simplification and accessibility. (Image: File)
Gregor Thompson
If the New Zealand Stock Exchange gets its way, it will have a bitcoin ETF on its main board by the end of the month.  Fund manager Smart, a wholly-owned subsidiary of NZX, announced Thursday it has joined forces with US investment giant BlackRock and intends to launch four new exchange-traded funds (ETFs). The move follows a number of overseas exchanges listing cryptocurrency-exposed ETFs.Three of the new ETFs are part of a “new strategic alliance” with iShares, BlackRock's ETF management division.One of them, dubbed...

More Markets

Fed, tariff fears send Dow down over 900 points
Markets

Fed, tariff fears send Dow down over 900 points

Blue-chip index heads for its worst April since 1932.

Ebos buys Vital Petfoods assets from receiver
Markets

Ebos buys Vital Petfoods assets from receiver

Distressed assets have been snapped up by the pet food maker.

Denise McNabb 18 Apr 2025
Tourism Holdings and inflation updates drive NZX up
Markets Market close

Tourism Holdings and inflation updates drive NZX up

Tourism Holdings could be one of the most directly impacted shares of the US tariffs.

Tom Raynel 17 Apr 2025