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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.
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