VanEck to Launch Australia's First Bitcoin ETF on ASX
The Australian Securities Exchange approves VanEck's spot Bitcoin ETF, set to provide regulated investment opportunities starting June 20.
- VanEck's Bitcoin ETF will be the first of its kind on the ASX, offering direct exposure to Bitcoin.
- The ETF aims to simplify Bitcoin investment for both retail and institutional investors in Australia.
- Monochrome Asset Management also recently launched a Bitcoin ETF on the Cboe Australia exchange.
- Regulatory approval follows a rigorous process involving the Australian Securities and Investments Commission.
- VanEck plans to leverage its global expertise to deliver a robust cryptocurrency investment product.