Updated
Launch of ASX’s first bitcoin ETF sparks price war
Joshua PeachMarkets reporter
Updated
The long-awaited listing of the ASX’s first bitcoin exchange-traded fund has sparked a price war among local cryptocurrency ETF providers, all hoping to capitalise on the fast-growing digital asset market.
The VanEck Bitcoin ETF launched into trading on Thursday, recording just over $3 million in trades, having only listed with just shy of $1 million in assets, according to data from CommSec.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Equity markets
Fetching latest articles