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Bitcoin ETF: Australia to launch first BTC ETF with VanEck

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Australian investors will get more BTC investment options as ASX plans to list VanEck products on 20 June.

It remains to be seen whether the US spot ETH ETF approvals will increase demand for BTC ETFs.The product, VanEck Bitcoin ETF , will be listed on June 20th, marking the historical debut of an ETF involving the largest digital asset on ASX.the Australian Financial Review that the delay in approving BTC ETFs on the exchange was due to the 2022 crypto winter. Campion added,

Similar products have also recently been launched on the second largest Australian exchange, Cboe Australia, a key competitor to ASX.

 

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