Vaneck Brings Bitcoin ETF to Australia’s Most Important Stock Exchange
VanEck Bitcoin ETF Launches on Australian Main Exchange
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The Australian Securities Exchange (ASX), a subsidiary of the Australian Securities Commission, celebrated a major milestone on Thursday, launching the first Bitcoin (BTC) exchange-traded fund (ETF) on the country’s main exchange. The VanEck Bitcoin ETF debuted with around AUD$990,000 (USD$660,429) in assets, indicating rising investor interest in cryptocurrency-related products.
Australia’s main exchange welcomes the first Bitcoin ETF. The launch comes after three years of discussions between fund managers and the ASX…