ASX's first spot Bitcoin ETF saw only $1.3 million in trading volume on its first trading day

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According to Cointelegraph, as of the close of trading, the first day's trading volume of the Australian Stock Exchange ASX's first spot Bitcoin ETF reached $1.3 million, which is far lower than the first day's trading volume of the US spot Bitcoin ETF ($4.5 billion). VanEck, the issuer of the VanEck Bitcoin ETF (VBTC), earlier expressed optimism about its product, saying that despite the difference in market size, the product will achieve similar growth as the US spot Bitcoin ETF.

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