Close Menu
    What's Hot

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Aug. 7, 2025

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025
    Facebook X (Twitter) Instagram
    X (Twitter) Telegram
    Chain Tech CatcherChain Tech Catcher
    Subscribe
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano
    • All Posts
    Chain Tech CatcherChain Tech Catcher
    Home ยป VanEcks Bitcoin ETF Now Trading on Australias Largest Securities Exchange
    Bitcoin

    VanEcks Bitcoin ETF Now Trading on Australias Largest Securities Exchange

    By adminJun. 20, 2024No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    VanEcks Bitcoin ETF Now Trading on Australias Largest Securities Exchange
    VanEcks Bitcoin ETF Now Trading on Australias Largest Securities Exchange
    Share
    Facebook Twitter LinkedIn Pinterest Email

    VanEck’s Bitcoin ETF is now officially trading on the Australian Securities Exchange (ASX), with assets worth approximately $660 million when it first debuted.

    This achievement came after the launch of a spot BTC ETF in the US in January, which sparked increased interest among Australian brokers and financial advisors. ASX welcomed VBTC to the exchange and congratulated the team on being the first to launch a cryptocurrency ETF on the Australian Securities Exchange.

    While VanEck’s ETF is not the first cryptocurrency-based ETF in Australia (a local subsidiary of CBOE Global Markets already offers a similar product), it is the first on the Australian Securities Exchange. This development highlights the increasing acceptance of cryptocurrency investments in the traditional financial world.

    Similar to other BTC ETFs, VanEck’s ETF does not directly hold the underlying assets. Instead, it invests in the VanEck Bitcoin Trust, a US-listed fund, reflecting its strategy in other markets.

    Read more:

    This is the amount of Bitcoin held by Coinbase
    After the approval of BTC ETF in the US, a significant amount of funds flowed into this new financial instrument, and two months later, Bitcoin reached a historical high of just over $73,700. Despite a subsequent 10% decline from the peak, the launch of VanEck’s BTC ETF in Australia may reignite interest and have a positive impact on the price of Bitcoin.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleJasmy Coin Continues to Surge Whats Behind This Performance
    Next Article Binance Incorporates LayerZero ZRO Cryptographic Protocol into its Trading Platform

    Related Posts

    Bitcoin Market Shows Signs of Cooling in Week 32 as Liquidity Diminishes and Sellers Lose Momentum

    Aug. 6, 2025

    Binance BTC Metrics Indicate Decreasing Sell Pressure and Possible Market Recovery

    Aug. 5, 2025

    Potential Tax Reform for Bitcoin Mining Indicated in White House Crypto Report May Transform the Industry

    Aug. 5, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    Don't Miss

    Ethereum Rises 6.5% in the Last 24 Hours, Surpassing $3,800: Reasons Explained

    Altcoin Aug. 7, 2025

    Ethereum Surges Amid Institutional DemandEthereum surged 6.63% in the past 24 hours breaking above $…

    Co-Founder of Tornado Cash Convicted for Operating an Unlicensed Money Transmission Service

    Aug. 7, 2025

    Three Cryptocurrencies Demonstrating Bullish Momentum Due to Exchange Listings and Hype

    Aug. 7, 2025

    Dogecoin Price Forecast: Analysts Anticipate Bullish Momentum Despite Short-term Correction Risks

    Aug. 7, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    About Us
    About Us

    Keep up with blockchain through Chain Tech Catcher. Gain insights on crypto, DApps, & innovations. Stay informed in this evolving landscape!

    X (Twitter) Telegram
    Most Popular

    Is the Bitcoin Correction Approaching Its Conclusion? Analyst Forecasts Upcoming Movement

    Feb. 26, 20259 Views

    Bitcoin Cash Poised to Break 250 Mark

    Nov. 28, 20198 Views

    Cardano ADA Moves Towards 060 Resistance Level

    Aug. 1, 20226 Views
    © 2025 Chain Tech Catcher All rights reserved.
    • Home
    • News
    • Bitcoin
    • Altcoin
    • Ethereum
    • Blockchain
    • Ripple
    • Cardano

    Type above and press Enter to search. Press Esc to cancel.