Australia's Largest Stock Exchange Lists First Bitcoin ETF
VanEck's spot bitcoin ETF debuts on the ASX, signaling growing mainstream acceptance of cryptocurrency investments.
- The VanEck Bitcoin ETF (VBTC) is now trading on the Australian Securities Exchange (ASX).
- This marks the first bitcoin ETF available on Australia's primary stock exchange.
- VBTC provides exposure to bitcoin by investing in the U.S.-listed VanEck Bitcoin Trust.
- The launch follows the approval of similar products in the U.S. and Hong Kong earlier this year.
- The ETF's debut could drive significant interest and potentially lead to more cryptocurrency investment products in Australia.