Australian Stock Exchange ASX is discussing the listing of Bitcoin spot ETFs with several companies

Odaily News The VanEck Bitcoin ETF debuted on the Australian Securities Exchange (ASX) on Thursday with a seed investment of about A$985,000. Sydney-based BetaShares Holdings Pty and another Australian company, DigitalX Ltd., are also in line to list on the ASX. An ASX spokesman said VanEck is the only applicant approved so far, and contacts with other issuers are ongoing. Bloomberg senior ETF analyst Rebecca Sin pointed out that the potential market size of virtual asset ETFs in the Asia-Pacific region may exceed US$3 billion in the next few years. Sin added that if Australia, South Korea and other countries allow cryptocurrency ETFs to be listed, the market share in these regions may be evenly distributed. (Bloomberg)