Bitcoin News on Nostr: VanEck's Spot Bitcoin ETF Goes Live on Australia's Biggest Stock Exchange. The VanEck ...

VanEck's Spot Bitcoin ETF Goes Live on Australia's Biggest Stock Exchange. The VanEck Bitcoin ETF rose 1% on its debut after trading 99,791 shares.Australia's biggest equity exchange listed its first spot-bitcoin (BTC) exchange-traded fund (ETF) on Thursday as demand for an easy way of investing in cryptocurrencies gathers pace worldwide.The VanEck Bitcoin ETF (VBTC) went live on the Australian Securities Exchange (ASX), which accounts for 90% of the country's equity market. The exchange approved the product listing earlier this week.VBTC rose 1% from its opening price to end the day at A$20.06 ($13.4) after trading 99,791 shares. The ETF is a feeder fund that provides exposure to bitcoin by investing in the company's Bitcoin Trust (HODL), a U.S. ETF listed on Cboe.