Monochrome Bitcoin ETF Hits Major Milestone
BTC
69,040
+4.64%
The Australian Monochrome Spot Bitcoin ETF (IBTC) has officially crossed a significant benchmark, now holding 1,158 BTC. According to ChainCatcher, the fund’s total Bitcoin reserves have reached a market value of over 161 million AUD, highlighting continued institutional confidence in Bitcoin’s long-term trajectory.
Market Insight:
IBTC’s expanding holdings signal growing demand for regulated BTC exposure in Australia. As global spot ETFs gain traction, institutional accumulation continues to support Bitcoin’s broader bullish narrative.
Takeaway:
Stronger ETF inflows = stronger long-term support for BTC price trends.
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