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Australian Crypto Market: Monochrome IBTC ETF Leads Transparency

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Australian Crypto Market Monochrome's IBTC ETF Leads Transparency Push

  • Monochrome Bitcoin ETF's AUM rose from AUD 11.4 million to AUD 12 million, reflecting sturdy investor curiosity.
  • Bitcoin holdings within the $IBTC ETF improve from 123 to 138, indicating regular accumulation.
  • Monochrome works with Hoseki for day by day proof of reserves, growing transparency in $IBTC.

The Monochrome Bitcoin ETF ($IBTC) has seen a gradual improve in belongings, rising from 123 bitcoins (AUD$11.4 million) on August 27 to 138 bitcoins (AUD$12 million) by September 12, 2024.

This development in bitcoin holdings displays sturdy investor curiosity and confidence in ETFs. The worth of the ETF's belongings underneath administration (AUM) fluctuated throughout this era, primarily as a consequence of bitcoin worth fluctuations.

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Probably the most important one-day improve in AUM was on September 3, leaping to AUD 11,732,261.45 together with a rise in bitcoin holdings from 126 to 134. AUM elevated from AUD 11,435,316.97 on August 27 to AUD 12,017,943 on September 129.

Supply: Monochromatic

Monochrome will increase transparency with Hoseki Partnership

In an effort to extend the transparency of Monoch…

The publish Australian Crypto Market: Monochrome IBTC ETF Leads Transparency Push appeared first on Coin Version.

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