Australia’s Top Stock Exchange Welcomes VanEck’s Bitcoin ETF, Trading Begins ...
The Australian Securities Exchange (ASX), the largest stock exchange in Australia, has recently approved the listing of its first spot Bitcoin exchange-traded fund (ETF). The VanEck Bitcoin ETF (VBTC), which will begin trading on June 20, will be issued by asset management firm VanEck. This approval follows VanEck’s successful launch of the VanEck Bitcoin Trust […]
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The SEC rejecting VanEck’s spot ETF started a price reversal for Bitcoin as the regulator’s outlook on cryptocurrencies is revealed further. Bitcoin (BTC) has been on an impressive price run since the announcement of the United States Securities and Exchange Commission’s approval of ProShares’ Bitcoin futures exchange-traded fund (ETF) early in October, hitting a new all-time high of over $69,000 on Nov. 10, as per data from TradingView. However, the financial watchdogs soured the mood by rejecting VanEck’s proposal for a spot ETF on Nov. 12, which acted as a trigger for the price of the....
The asset manager could be the first to follow ProShares, which listed its Bitcoin Strategy ETF on the New York Stock Exchange on Monday. The United States Securities and Exchange Commission has likely approved asset manager VanEck’s Bitcoin Strategy exchange-traded fund, with trading expected to begin on Oct. 25.In an Oct. 20 filing with the Securities and Exchange Commission, or SEC, Vaneck said the public offering of its Bitcoin (BTC) Strategy ETF, which offers exposure to the crypto asset through future contracts, would begin “as soon as practicable” after the effective date of the....
After years of efforts, VanEck is finally launching a Bitcoin exchange-traded fund based on BTC futures. VanEck, one of the first United States-based asset managers to file for a Bitcoin (BTC) exchange-traded fund (ETF), is finally launching its Bitcoin futures ETF.According to an official notice by the Chicago Board Options Exchange (CBOE), VanEck’s Bitcoin Strategy ETF will start trading on CBOE under the ticker symbol XBTF on Tuesday.VanEck’s new ETF is joining the growing number of BTC futures-based ETFs launched in the U.S., including the ProShares Bitcoin Strategy ETF, which became....
ASX, the primary stock in Australia, has been told to press on with the blockchain-based replacement to its aged trading system.
When BnkToTheFuture’s chief executive Simon Dixon says that stock exchanges around the world have a long history in listing gold and oil mining stocks, but Australia will become the first ever to list this new form of mining stock, it makes a lot of sense. The country has a hot and cold reaction towards the digital currency technology; however, the latest move where the world’s first Bitcoin mining IPO is drawing near, it is moving ahead vis-à-vis other nations. As Australia’s Bitcoin Group Limited has set a process to ensure a smooth IPO, a lot of investors will have an opportunity to....