BTC fund debuts amid renewed investor interest in crypto markets.
The launch follows similar moves in the US and KH, with Bitcoin prices nearly tripling since 2023.
The
Australian Securities Exchange (ASX) marked a milestone on Thursday with the
launch of the country's first Bitcoin (BTC) exchange-traded fund (ETF) on its
main stock market. The VanEck Bitcoin ETF (VBTC)
debuted with approximately AUD990,000 ($660,429) in assets, signaling a growing
appetite among investors for cryptocurrency-related products.
Australia's Main Stock
Exchange Welcomes First Bitcoin ETF
The
launch comes after more than three years of discussions between fund
managers and the ASX, as the exchange operator sought to ensure proper
safeguards were in place. While the VanEck Bitcoin ETF will not directly own Bitcoin,
it will invest in the US-listed VanEck Bitcoin Trust (HODL), which
made its debut in January.
The launch
of the VanEck Bitcoin ETF follows a wave of similar products hitting the market
in other countries. In the United States, investors have poured billions of
dollars into cryptocurrency ETFs since several products received regulatory
approval in early 2024. Hong
Kong also joined the trend in April, introducing six cryptocurrency funds,
although investor interest there has been relatively subdued compared to the US.
BTC ETF debuted on ASX. Source: Tradingview.com
“The demand
for access to Bitcoin via a listed vehicle traded on ASX has been increasing,
and many of our clients have told us that their clients are already positioned
to have an allocation ready to invest,” said Arian Neiron, CEO and Managing
Director at VanEck Asia Pacific.
While the
VanEck Bitcoin ETF is the first fund of its kind to be listed on the ASX, it is
not the only cryptocurrency-related product available to Australian investors.
The local subsidiary of CBOE Global Markets (CBOE) operates a competitor
exchange that already
hosts several bitcoin ETFs.
Bitcoin,
the world's largest cryptocurrency by market capitalization, has experienced a
significant resurgence in 2023, with its price nearly tripling since the start
of the year. However, the digital asset's value has plateaued in recent months
after reaching a peak in March.
As the
VanEck Bitcoin ETF begins trading alongside some of Australia's most well-known
corporations, such as BHP (BHP) and Commonwealth Bank (CBA), it remains to be
seen how investors will respond to this new investment vehicle and whether it
will pave the way for more cryptocurrency-related products on the ASX in the
future.
The market
for cryptocurrency ETFs is now eagerly awaiting the introduction of the
first-ever physically-backed funds for Ethereum (ETH), the second-largest
digital asset by market capitalization. Although the US SEC accepted
preliminary applications from issuers a month ago, the final approval has
not yet occurred.
The
Australian Securities Exchange (ASX) marked a milestone on Thursday with the
launch of the country's first Bitcoin (BTC) exchange-traded fund (ETF) on its
main stock market. The VanEck Bitcoin ETF (VBTC)
debuted with approximately AUD990,000 ($660,429) in assets, signaling a growing
appetite among investors for cryptocurrency-related products.
Australia's Main Stock
Exchange Welcomes First Bitcoin ETF
The
launch comes after more than three years of discussions between fund
managers and the ASX, as the exchange operator sought to ensure proper
safeguards were in place. While the VanEck Bitcoin ETF will not directly own Bitcoin,
it will invest in the US-listed VanEck Bitcoin Trust (HODL), which
made its debut in January.
The launch
of the VanEck Bitcoin ETF follows a wave of similar products hitting the market
in other countries. In the United States, investors have poured billions of
dollars into cryptocurrency ETFs since several products received regulatory
approval in early 2024. Hong
Kong also joined the trend in April, introducing six cryptocurrency funds,
although investor interest there has been relatively subdued compared to the US.
BTC ETF debuted on ASX. Source: Tradingview.com
“The demand
for access to Bitcoin via a listed vehicle traded on ASX has been increasing,
and many of our clients have told us that their clients are already positioned
to have an allocation ready to invest,” said Arian Neiron, CEO and Managing
Director at VanEck Asia Pacific.
While the
VanEck Bitcoin ETF is the first fund of its kind to be listed on the ASX, it is
not the only cryptocurrency-related product available to Australian investors.
The local subsidiary of CBOE Global Markets (CBOE) operates a competitor
exchange that already
hosts several bitcoin ETFs.
Bitcoin,
the world's largest cryptocurrency by market capitalization, has experienced a
significant resurgence in 2023, with its price nearly tripling since the start
of the year. However, the digital asset's value has plateaued in recent months
after reaching a peak in March.
As the
VanEck Bitcoin ETF begins trading alongside some of Australia's most well-known
corporations, such as BHP (BHP) and Commonwealth Bank (CBA), it remains to be
seen how investors will respond to this new investment vehicle and whether it
will pave the way for more cryptocurrency-related products on the ASX in the
future.
The market
for cryptocurrency ETFs is now eagerly awaiting the introduction of the
first-ever physically-backed funds for Ethereum (ETH), the second-largest
digital asset by market capitalization. Although the US SEC accepted
preliminary applications from issuers a month ago, the final approval has
not yet occurred.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Second JavaScript Exploit in Four Months Exposes Crypto Sites to Wallet Drainers
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
