The Australian Securities Exchange (ASX) approves the first spot Bitcoin ETF
The Australian Securities Exchange (ASX) and asset management companies have announced that VanEck's Bitcoin ETF has been approved for listing on Thursday. ASX handles most of Australia's stock trading. A spokesperson for the company said that VanEck is so far the only applicant to be approved, and is currently in talks with other issuers. In addition, BetaShares Holdings Pty based in Sydney and another local company DigitalX Ltd are also waiting to list on the main board in Australia. A spokesperson for BetaShares stated that they are continuing their efforts to bring Bitcoin and Ethereum funds to market, hoping to launch these funds in the near future.
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