Tuesday, November 5, 2024
Home > Exchanges > VanEck’s Spot Bitcoin (BTC) ETF Debuts on Australia’s Biggest Stock Exchange, ASX

VanEck’s Spot Bitcoin (BTC) ETF Debuts on Australia’s Biggest Stock Exchange, ASX

Monochrome Asset Management’s Monochrome bitcoin ETF (IBTC) went live on June 4 on the Cboe Australia exchange, a smaller rival of ASX. Unlike VBTC, the fund holds bitcoin directly. Since its launch, IBTC has traded an average of around 55,000 units a day on daily average cash volumes of about A$550,000.

Source