VanEck, a prominent asset management firm, has launched its spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX), which is the largest stock exchange in Australia. The VanEck Bitcoin ETF (VBTC) debuted on the ASX, accounting for 90% of the country's equity market. The ETF allows investors to gain exposure to Bitcoin without directly holding thecryptocurrency, simplifying the investment process and opening up opportunities