- The Monochrome Bitcoin ETF ($IBTC) has seen a big enhance in Bitcoin holdings and AUM.
- IBTC gives Australian traders with direct publicity to the value actions of Bitcoin in AUD.
- The ETF gives each day updates on its Bitcoin holdings and AUM, making certain transparency for traders.
Monochrome Bitcoin ETF (IBTC) is on the rise amongst Australian traders. As the primary Bitcoin ETF within the nation to instantly maintain the cryptocurrency, IBTC permits traders to trace the value of Bitcoin in Australian {dollars} (AUD). The ETF gives each day updates on its belongings and bitcoin holdings and gives full transparency.
October progress
As of late October 2024, the Monochrome Bitcoin ETF has been steadily rising its Bitcoin holdings. On October 29, the fund held 160 bitcoins with an AUM of AUD 17,377,122.10.
This marked the start of the continued accumulation of bitcoins. By October 30, holdings had grown to 168 bitcoins with an AUM of AUD 18,573,925.87. This momentum continued on October 31, when the ETF reached 169 Bitcoins and AUM of AUD 18,654,435.50.
November progress
November began with robust progress in $IBTC. On November 1, the ETF held 173 bitcoins value AUD 18,317,276.12. This uptrend grew to become extra pronounced on November 5, when holdings elevated to 178 bitcoins with an AUM of AUD 18,565,270.39.
On November 6, the ETF gathered 181 bitcoins, pushing its AUM to AUD 20,542,659.86. This progress continued on November seventh with 187 Bitcoins and AUM of AUD 21,195,909.94.
AUM progress continues
The Monochrome Bitcoin ETF continued to increase all through November. By November 8, her holdings reached 192 bitcoins with an AUM of AUD 21,996,773.71.
Additionally learn: Aussie Bitcoin ETF rallies as BTC value stagnates
On November 11, holdings elevated to 195 Bitcoins and AUM grew to AUD 24,049,680.87. This progress accelerated, resulting in November 12 when the ETF reported 202 bitcoins and AUM of AUD 27,648,926.36.
The ETF's holdings elevated additional on November 13, reaching 206 bitcoins and AUM of AUD 27,596,955.23. On November 14, the ETF peaked at 221 bitcoins and AUM of AUD 30,727,155.18.
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