🚀VanEck management company is preparing to launch Australia's first Bitcoin exchange-traded fund (ETF)!

📅On June 20, the Australian Securities Exchange (ASX) approved the listing of VanEck's ETF. The company says it will be the cheapest Bitcoin ETF in Australia.

🔎VanEck has been aiming to launch a Bitcoin ETF in Australia since 2021 and became the first company to formally apply for such products to the ASX.

👏The ​​latest news from VanEck confirms that the company has received approval from the Australian Securities and Investments Commission (ASIC), one of two bodies that must approve products before listing.

🔮What are your thoughts on this? Let's discuss in the comments!