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Monochrome Spot Bitcoin ETF in Australia Holds 1,248 BTC Worth Over A$120 Million

The Australia-based Monochrome Bitcoin ETF (IBTC) reported its holdings at 1,248 Bitcoin as of February 20, valued at more than A$120 million, according to an official February 23 announcement.

BTC

Summary

Monochrome Asset Management's spot Bitcoin ETF (IBTC) in Australia revealed holdings of 1,248 BTC valued above A$120 million as of February 20, 2025, according to its February 23 disclosure. The ETF reflects growing institutional engagement with Bitcoin investment products in Australia’s regulated markets.

Terms & Concepts
  • Spot Bitcoin ETF: An exchange-traded fund that directly holds Bitcoin rather than derivatives, allowing investors exposure to Bitcoin’s market price.
  • BTC: A common abbreviation for Bitcoin, the world’s first decentralized digital currency.
  • Monochrome Bitcoin ETF (IBTC): An Australian exchange-traded fund by Monochrome Asset Management providing direct Bitcoin exposure under local regulation.