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    VanEck, BetaShares in race for bitcoin ETF

    Aleks Vickovich
    Aleks VickovichWealth editor

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    Funds management rivals VanEck and BetaShares have each lodged submissions with the Australian Securities Exchange as they race to list the country’s first cryptocurrency-backed exchange-traded fund.

    The ASX has received a handful of formal applications from investment managers gunning to launch a bitcoin ETF after the corporate regulator in March rejected industry speculation it was opposed to such a product.

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