Amitoj Singh is a CoinDesk reporter.
The VanEck Bitcoin ETF, which offers Australians a way of investing in bitcoin through exposure to the company's U.S. equivalent, debuted on Thursday.
The start of trading, weeks after an ETF from Monochrome Asset Management listed on a smaller exchange, is a sign the global BTC ETF wave has arrived in the country.VBTC rose 1% from its opening price to end the day at A$20.06 after trading 99,791 shares. The ETF is a feeder fund that provides exposure to bitcoin by investing in the company's Bitcoin Trust , a U.S. ETF listed on Cboe.
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