VanEck's spot Bitcoin ETF (VBTC) has officially launched on the Australian Securities Exchange, providing Australian investors with a simplified and secure way to gain exposure to Bitcoin.
"While it has been possible to trade Bitcoin via crypto exchanges, trading units with exposure to Bitcoin via an ETF on an exchange like ASX means you're able to buy and sell those units through a traditional brokerage account, simplifying the process and opening the opportunity to more Australians," said Andrew Campion, ASX's general manager of investment products and strategy.
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