ASX Lists VanEck Bitcoin ETF: First Spot Bitcoin ETF Debuts

The Australian Securities Exchange listed the VanEck Bitcoin ETF as its first spot Bitcoin ETF, enabling investors to access Bitcoin through traditional brokerage accounts

This mechanism enables investors to access bitcoin exposure by investing in the U.S.-based VanEck Bitcoin Trust (HODL).

 ASX overseeing approximately 80% of local trades, holds significant market influence with a domestic market capitalization of $2.6 trillion as of May

This development follows earlier reports of ASX’s intentions to introduce its first batch of bitcoin ETFs, including BetaShares and DigitalX

Cboe Australia, the country’s second-largest stock exchange, recently approved the Monochrome Bitcoin ETF (IBTC) in June