Bitcoin ETF launches on Australia’s main stock exchange

SYDNEY, June 20 (Reuters) – A bitcoin exchange-traded fund (ETF) launched on Australia’s main stock market for the first time on Thursday as fund managers debut products to satisfy investors returning to cryptocurrency markets following a boom in prices.

The VanEck Bitcoin ETF (VBTC.AX), opens new tab launched with around A$990,000 ($660,429) in assets on the Australian Securities Exchange and is the culmination of over three years of negotiations with operator ASX (ASX.AX), opens new tab.

Source: REUTER