In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n
VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n
In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n
More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Australia's First Spot Bitcoin ETF To Launch On June 20<\/a><\/p>\n\n\n\n The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Neiron mentioned that Bitcoin is an emerging asset that many advisers and investors want to access. He highlighted that the ETF provides a regulated, transparent, and familiar investment opportunity for investors interested in the digital currency.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia's First Spot Bitcoin ETF To Launch On June 20<\/a><\/p>\n\n\n\n The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The asset management firm VanEck has received approval <\/a>from ASX Ltd., the primary operator of Australia's stock market. Arian Neiron, VanEck's CEO for the Asia-Pacific region, has emphasized the growing demand for Bitcoin among advisers and investors.<\/p>\n\n\n\n Neiron mentioned that Bitcoin is an emerging asset that many advisers and investors want to access. He highlighted that the ETF provides a regulated, transparent, and familiar investment opportunity for investors interested in the digital currency.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia's First Spot Bitcoin ETF To Launch On June 20<\/a><\/p>\n\n\n\n The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia is set to join the global Bitcoin ETF wave as the VanEck Bitcoin ETF lists on the Australian Securities Exchange (ASX) this Thursday, Bloomberg reported. This marks a significant step for the country's crypto market following the adoption of cryptocurrency ETFs in the US and Hong Kong.<\/p>\n\n\n\n The asset management firm VanEck has received approval <\/a>from ASX Ltd., the primary operator of Australia's stock market. Arian Neiron, VanEck's CEO for the Asia-Pacific region, has emphasized the growing demand for Bitcoin among advisers and investors.<\/p>\n\n\n\n Neiron mentioned that Bitcoin is an emerging asset that many advisers and investors want to access. He highlighted that the ETF provides a regulated, transparent, and familiar investment opportunity for investors interested in the digital currency.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia's First Spot Bitcoin ETF To Launch On June 20<\/a><\/p>\n\n\n\n The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia is set to join the global Bitcoin ETF wave as the VanEck Bitcoin ETF lists on the Australian Securities Exchange (ASX) this Thursday, Bloomberg reported. This marks a significant step for the country's crypto market following the adoption of cryptocurrency ETFs in the US and Hong Kong.<\/p>\n\n\n\n The asset management firm VanEck has received approval <\/a>from ASX Ltd., the primary operator of Australia's stock market. Arian Neiron, VanEck's CEO for the Asia-Pacific region, has emphasized the growing demand for Bitcoin among advisers and investors.<\/p>\n\n\n\n Neiron mentioned that Bitcoin is an emerging asset that many advisers and investors want to access. He highlighted that the ETF provides a regulated, transparent, and familiar investment opportunity for investors interested in the digital currency.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia's First Spot Bitcoin ETF To Launch On June 20<\/a><\/p>\n\n\n\n The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia is set to join the global Bitcoin ETF wave as the VanEck Bitcoin ETF lists on the Australian Securities Exchange (ASX) this Thursday, Bloomberg reported. This marks a significant step for the country's crypto market following the adoption of cryptocurrency ETFs in the US and Hong Kong.<\/p>\n\n\n\n The asset management firm VanEck has received approval <\/a>from ASX Ltd., the primary operator of Australia's stock market. Arian Neiron, VanEck's CEO for the Asia-Pacific region, has emphasized the growing demand for Bitcoin among advisers and investors.<\/p>\n\n\n\n Neiron mentioned that Bitcoin is an emerging asset that many advisers and investors want to access. He highlighted that the ETF provides a regulated, transparent, and familiar investment opportunity for investors interested in the digital currency.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia's First Spot Bitcoin ETF To Launch On June 20<\/a><\/p>\n\n\n\n The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia To Launch Its First Bitcoin ETF<\/a><\/p>\n\n\n\n VanEck's Bitcoin ETF debut has been lauded as a significant step towards the legitimization of crypto and associated ETFs in the region. This comes after the US approved similar products in January, raising expectations in other major global nations.<\/p>\n\n\n\n In Australia, companies are required to earn the approval of the Australian Securities & Investments Commission (ASIC) and the exchange listing the product. VanEck believes that despite the existing regulatory and exchange framework challenges in Australia, it will lead the way in bringing ETF products to ASX investors.<\/p>\n\n\n\n More spot ETF approvals are expected<\/a> in Australia, with several other companies working to have their ETFs approved for trading in the country. Reports had earlier intimated that DigitalX Ltd and BetaShares were working to debut their ETFs on ASX.<\/p>\n","post_title":"Australia's First Spot Bitcoin ETF To Launch On June 20","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-first-spot-bitcoin-etf-to-launch-on-june-20","to_ping":"","pinged":"","post_modified":"2024-06-21 18:38:20","post_modified_gmt":"2024-06-21 08:38:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17409","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Australia is set to join the global Bitcoin ETF wave as the VanEck Bitcoin ETF lists on the Australian Securities Exchange (ASX) this Thursday, Bloomberg reported. This marks a significant step for the country's crypto market following the adoption of cryptocurrency ETFs in the US and Hong Kong.<\/p>\n\n\n\n The asset management firm VanEck has received approval <\/a>from ASX Ltd., the primary operator of Australia's stock market. Arian Neiron, VanEck's CEO for the Asia-Pacific region, has emphasized the growing demand for Bitcoin among advisers and investors.<\/p>\n\n\n\n Neiron mentioned that Bitcoin is an emerging asset that many advisers and investors want to access. He highlighted that the ETF provides a regulated, transparent, and familiar investment opportunity for investors interested in the digital currency.<\/p>\n\n\n\n See Related: <\/em><\/strong>Australia's First Spot Bitcoin ETF To Launch On June 20<\/a><\/p>\n\n\n\n The introduction of the VanEck Bitcoin ETF in Australia comes amid the success seen in the US, where Bitcoin ETFs have amassed $58 billion this year alone. Major financial players like BlackRock and Fidelity Investments have launched their own Bitcoin ETFs, contributing to this growth. Similarly, Hong Kong introduced spot ETFs for Bitcoin and Ether in April, although they have seen less interest compared to the US offerings.<\/p>\n\n\n\n Additionally, in Australia, other local players, such as BetaShares Holdings Pty and DigitalX, are preparing to list their Bitcoin ETFs on the ASX. The previous round of Bitcoin ETFs launched two years ago on CBOE Australia, the country's junior bourse, experienced mixed results. However, the anticipation surrounding the new listings on the more prominent ASX is significantly higher, fueled by the recent rally in Bitcoin prices and increased investor interest.<\/p>\n\n\n\n The listing of the VanEck Bitcoin ETF on the ASX is expected to enhance the visibility and accessibility of Bitcoin investments in Australia. As global interest in cryptocurrency ETFs continues to rise, Australia's entry into this market signals a growing acceptance and recognition of digital assets within the traditional financial system.<\/p>\n","post_title":"Australia's ASX To List VanEck Bitcoin ETF, Following Global Crypto ETF Trend","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"australias-asx-to-list-vaneck-bitcoin-etf-following-global-crypto-etf-trend","to_ping":"","pinged":"","post_modified":"2024-06-23 02:41:47","post_modified_gmt":"2024-06-22 16:41:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17394","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":17409,"post_author":"21","post_date":"2024-06-21 18:38:16","post_date_gmt":"2024-06-21 08:38:16","post_content":"\n VanEck will debut the first spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20. VanEck described the ETF product as one of its kind and the first on ASX. The \"VanEcK Bitcoin ETF will be the lowest cost Bitcoin ETF in Australia,\" reads part of the announcement<\/a>. The company adds:\u00a0<\/p>\n\n\n\n \"With a mantra of 'Access the opportunities,' for many years, investors have leaned on VanEck in their pursuit of a bitcoin ETF. Like these investors, we consider the ETF vehicle to be the optimal delivery mechanism for an asset class like bitcoin.\"<\/em><\/p>\n\n\n\n VanEck resubmitted its Bitcoin ETF application to the ASX in February, having worked to bring the products to ASX since early 2021.<\/p>\n\n\n\n
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Growing Trend In Bitcoin ETFs<\/h2>\n\n\n\n
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Approval Gives Legitimacy To Crypto And Associated Products<\/h2>\n\n\n\n
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Approval Gives Legitimacy To Crypto And Associated Products<\/h2>\n\n\n\n
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Approval Gives Legitimacy To Crypto And Associated Products<\/h2>\n\n\n\n
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