
KEY POINTS
- VanEck said it has been engaging with regulators over the fund since early 2021
- VanEck's Arian Neiron said the fund helps manage the 'back-end complexity' related to BTC acquisition
- The US investment firm is among the applicants waiting for US SEC approval to issue a spot ETH ETF
American investment firm VanEck will launch the first spot Bitcoin exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) after it overcame "hurdles" to provide Australian investors with regulated access to the world's first decentralized cryptocurrency.