Cryptocurrencies
Bitcoin ETF Lists on Main Australian Stock Market for First Time
- The VanEck Bitcoin ETF started trading on the ASX on Thursday
- US and Hong Kong spot-crypto funds debuted earlier this year
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An exchange-traded fund investing in Bitcoin listed on Australia’s main stock market for the first time, adding to a wave of similar launches this year in the US and Hong Kong.
The VanEck Bitcoin ETF debuted Thursday on the exchange operated by ASX Ltd. with a seed investment of about A$985,000 ($657,000). The product is a feeder fund for the $647 million VanEck Bitcoin Trust in the US.