Amitoj Singh is a CoinDesk reporter.
The VanEck Bitcoin ETF, which offers Australians a way of investing in bitcoin through exposure to the company's U.S. equivalent, debuted on Thursday.
The start of trading, weeks after an ETF from Monochrome Asset Management listed on a smaller exchange, is a sign the global BTC ETF wave has arrived in the country.VBTC rose 1% from its opening price to end the day at A$20.06 after trading 99,791 shares. The ETF is a feeder fund that provides exposure to bitcoin by investing in the company's Bitcoin Trust , a U.S. ETF listed on Cboe.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
VanEck to Launch First Bitcoin ETF on Australia’s Security Exchange This WeekCrypto Blog
Read more »
Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEckAmitoj Singh is a CoinDesk reporter.
Read more »
Spot Ethereum ETFs could capture up to 20% of Bitcoin ETF flows, analyst predictsEthereum spot ETFs could capture as much as 20% of the flows currently directed towards bitcoin ETFs, an analyst said.
Read more »
BlackRock's spot bitcoin ETF surpasses 300,000 BTC in AUMLast week, BlackRock's IBIT surpassed the AUM of Grayscale’s converted GBTC fund, now accounting for over $21 billion.
Read more »
Ark Invest’s spot bitcoin ETF logs record $100 million in daily net outflowsSpot bitcoin ETFs in the U.S. recorded their 13th consecutive day of net inflows on Thursday, drawing in $48.71 million.
Read more »
Why is Bitcoin stagnated despite $2B in spot ETF inflows?Explore why BTC failed to sustain $71,000
Read more »