Bitcoin ETF Lists on Main Australian Stock Market for First Time

An exchange-traded fund investing in Bitcoin listed on Australia’s main stock market for the first time, adding to a wave of similar launches this year in the US and Hong Kong.

The VanEck Bitcoin ETF debuted Thursday on the exchange operated by ASX Ltd. with a seed investment of about A$985,000 ($657,000). The product is a feeder fund for the $647 million VanEck Bitcoin Trust in the US.

US Bitcoin ETFs went live in January and took Wall Street by storm, amassing $56 billion in assets to date. Hong Kong permitted spot ETFs for Bitcoin and Ether in April, which ...