VanEck Australia's product, the first spot-bitcoin ETF, will be listed on the ASX from June 20, being the lowest-cost of its kind in Australia.
Reports indicate a competition in the Australian market with other firms like DigitalX and BetaShares working towards launching their spot-bitcoin ETF products.
VanEck overcame regulatory and framework challenges to gain ASX approval for the Bitcoin ETF, intending to lead the way in offering this investment opportunity to ASX investors.
#australian-securities-exchange #bitcoin-etf #vaneck-australia #regulatory-approval #cryptocurrency-market
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