{"id":32618,"date":"2024-06-18T09:17:33","date_gmt":"2024-06-18T09:17:33","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/vaneck-bitcoin-etf-approved-for-asx-listing\/"},"modified":"2024-06-18T09:17:33","modified_gmt":"2024-06-18T09:17:33","slug":"vaneck-bitcoin-etf-approved-for-asx-listing","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/vaneck-bitcoin-etf-approved-for-asx-listing\/","title":{"rendered":"VanEck Bitcoin ETF Approved for ASX Listing"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>According to a recent blog update, the Australian Securities Exchange (ASX) has approved the VanEck Bitcoin ETF for listing on June 20. VanEck, a major money manager, announced that its offering would be Australia\u2019s lowest-cost Bitcoin (BTC) ETF.<\/p>\n<p>VanEck has pursued a spot <a href=\"https:\/\/igaming.org\/crypto\/australia-to-welcome-bitcoin-etfs-by-2024\/\">BTC ETF in Australia<\/a> since 2021, becoming the first entity to apply for such a product with the ASX formally. Building on their success in the U.S. and benefiting from advanced Australian regulatory policies, VanEck refiled its BTC ETF bid in February.<\/p>\n<p>The latest update from VanEck confirmed that they received a regulatory nod from the Australian Securities &amp; Investments Commission (ASIC). Both ASIC and the ASX must approve products before they can be listed.<\/p>\n<h2>Accessing Australia\u2019s Capital Market<\/h2>\n<p>Listing on the ASX enables VanEck to tap into the bulk of Australia\u2019s capital market. Around 90% of the equity portfolio in Australia reportedly resides on the ASX. <em>\u201cLike these investors, we consider the ETF vehicle is the optimal delivery mechanism for an asset class like bitcoin,\u201d<\/em> VanEck stated.<\/p>\n<p>Despite this approval, ASIC has advised investors to remain aware of the risks associated with investing in funds that track cryptocurrency prices.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong> <\/p>\n<p>New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/vaneck-bitcoin-etf-approved-for-asx-listing\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) According to a recent blog update, the Australian Securities Exchange (ASX) has approved the VanEck Bitcoin ETF for listing on June 20. VanEck, a major money manager, announced that its offering would be Australia\u2019s lowest-cost Bitcoin (BTC) ETF. VanEck has pursued a spot BTC ETF in [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":32619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32618"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=32618"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/32618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/32619"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=32618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=32618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=32618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}