VanEck to Launch First Bitcoin ETF on Australia’s Security Exchange This Week

American investment management firm VanEck is set to launch the first spot Bitcoin ETF on Australia’s securities trading platform this week. According to an official announcement from the asset management company, the spot Bitcoin ETF will go live on the Australian Securities Exchange (ASX) on Thursday, June 20. VanEck is one of the issuers of the spot Bitcoin ETFs in the United States. The firm’s product, VanEck Bitcoin Trust (HODL), held over $529 million in assets under management at the time of writing, with a market cap of $660 million. The approval of the VanEck Bitcoin ETF in Australia comes five months after the U.S. SEC greenlit the launch of HODL. 

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