Australian Stock Exchange's first spot Bitcoin ETF trades $1.3 million on first day

BlockBeats reported that on June 20, Cointelegraph reported that the first Bitcoin exchange-traded fund (ETF) was approved for listing on Australia’s main stock exchange, the Australian Securities Exchange (ASX), with a first-day trading volume of $1.3 million.

Issuer VanEck previously told Cointelegraph that despite the different market sizes, they are optimistic that the product will achieve similar growth in the Australian market as the U.S. spot Bitcoin ETF.