ASX News: Australia Stock Exchange Approves First Spot Bitcoin ETF - 17th Jun 2024, 3:53pm

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Australia Stock Exchange Approves First Spot Bitcoin ETF

Australia's largest stock exchange, the Australian Securities Exchange (ASX), has approved its first spot Bitcoin exchange-traded fund (ETF), set to commence trading on June 20. The new ETF, named the VanEck Bitcoin ETF (VBTC), will be issued by investment firm VanEck.

This approval comes on the heels of VanEck's recent success in the United States, where the firm launched the VanEck Bitcoin Trust (HODL), a spot Bitcoin ETF, on January 1...

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