First Bitcoin ETF to list on Australia bourse – Times of India


An exchange-traded fund investing directly in Bitcoin will list on Australia‘s main stock market for the first time, kicking off another wave of such listings after similar products began trading in the US and Hong Kong. Exchange operator ASX, which handles the bulk of the country’s stock trading, has approved the VanEck Bitcoin ETF which will be listed on Thursday.“We recognize Bitcoin is an emerging asset class that many advisers and investors want to access,” said Arian Neiron, CEO for VanEck in the Asia-Pacific region. The listing comes as $58 billion has been amassed by US Bitcoin ETFs that debuted this year.





Source link

By Exabyte News

Your ultimate source for trending news! Stay up-to-date with the latest viral stories, hottest topics, and breaking news from Exabyte News. Stay ahead with our in-depth coverage.

Leave a Reply

Your email address will not be published. Required fields are marked *