Bitcoin News

Australia Spot Bitcoin ETF To Start Trading On ASX Stock Exchange

Australia first spot Bitcoin ETF VanEck Bitcoin ETF (VBTC) to start trading on ASX on June 20, remarkable start
Published by
Australia Spot Bitcoin ETF To Start Trading On ASX Stock Exchange

Highlights

  • Australian Securities Exchange approved the first spot Bitcoin ETF for trading.
  • VanEck Bitcoin ETF will list under the ticker VBTC on the ASX stock exchange.
  • Australia to witness massive Bitcoin buying amid high demand for BTC as per returns in other Bitcoin ETFs.

Australia’s first spot Bitcoin exchange-traded fund (ETF) to commence trading on ASX stock exchange next week, joining the spot Bitcoin ETF club with the United States and Hong Kong. This is expected to boost crypto adoption in Australia as demand for cryptocurrencies continues to grow.

Advertisement

VanEck Bitcoin ETF To List on ASX

Australian Securities Exchange approved the first spot Bitcoin ETF. VanEck Bitcoin ETF will list on ASX, Australia’s primary securities exchange, under the ticker VBTC on Thursday, June 20. This will be the first Bitcoin ETF tracking the spot price of Bitcoin.

“We recognize Bitcoin is an emerging asset class that many advisers and investors want to access,” said Arian Neiron, CEO of VanEck Asia-Pacific region. “The VanEck Bitcoin ETF offers exposure to Bitcoin using a regulated, transparent and familiar investment vehicle,” he added.

ASX’s general manager of investment products Andrew Campion also responded the approval of Australia’s first spot Bitcoin ETF. He revealed advisers and investors have shown huge demand for investing in Bitcoin, despite mixed sentiments on cryptocurrencies. “The recovery of cryptocurrency prices, we’ve had a fair bit of interest over the last 12 months, and that’s culminated in the approval.”

Also Read: Crypto Stocks Attempt Weekly Rebound, Bitcoin Miners Decline

Advertisement

How Other Bitcoin ETFs Performed in Australia

Australia has listed other Bitcoin-related ETF in the last two years. Global X’s bitcoin ETF was the best-performing listed ETF in Australia in the 12 months, with a return of 153.5 percent, according to Morningstar. The return was driven by strong gains in the broader crypto market.

Monochrome Bitcoin ETF managed by the Australian investment firm Monochrome Asset Management was launched on June 4 on CBOE Australia. Meanwhile, BetaShares Holdings Pty and DigitalX Ltd are also lined up for listings on the main Australian stock exchange as demand for Bitcoin rises.

U.S. SEC’s approval for 10 spot Bitcoin ETFs led Hong Kong, Australia, South Korea, and other countries to consider approving and launching spot Bitcoin ETFs tracking real-time spot price of Bitcoin.

Also Read: XRP Whale Strategically Bags 27M Coins Amid Price Dip Hinting Price Gains Ahead

Advertisement

Share
Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

Breaking: Bitcoin Hits New ATH Above $125k as ‘Uptober’ Kicks Off in Full Force

The Bitcoin price has hit a new all-time high, after staging a monstrous rally since…

October 5, 2025
  • Bitcoin News

99.3% of Bitcoin Supply in Profit, Analyst Warns of Short-Term Correction

Bitcoin (BTC) is in profit on almost all of its supply, leading to discussion by…

October 5, 2025
  • 24/7 Cryptocurrency News

Pro-Crypto Mike Selig Emerges As CFTC Chair Frontrunner, Gains Ripple CLO’s Endorsement

Pro-crypto Mike Selig is reportedly the frontrunner to become the next chair of the U.S.…

October 4, 2025
  • 24/7 Cryptocurrency News

‘Every Crypto ETF You Can Imagine’: Expert Predicts Flurry of Filings After REX-Osprey’s 21 Applications

Nate Geraci, president of Novadius Wealth Management, has predicted that several crypto ETF filings could…

October 4, 2025
  • Bitcoin News

Robinhood Lists Strategy’s Bitcoin-Backed Stocks, Boosting Saylor’s BTC Credit Model

Bitcoin-backed stocks of Strategy can now be accessed on Robinhood. This represents a significant move…

October 4, 2025
  • Bitcoin News

Bitcoin ETFs See 2025 Record Weekly Inflows of $3.2B as BTC Eyes New ATH

The Bitcoin ETFs have seen a huge turnaround this week, recording their largest weekly inflows…

October 4, 2025