Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck

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.

Read at Coindesk