Bitcoin ETF

Bitcoin

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<ul class="wp-block-list news-points">
 <li><strong>Monochrome Bitcoin ETF’s AUM rises from AUD 11.4M to 12M, reflecting strong investor interest.</strong></li>
 <li><strong>Bitcoin holdings in $IBTC ETF increase from 123 to 138, indicating steady accumulation.</strong></li>
 <li><strong>Monochrome partners with Hoseki for daily proof-of-reserves, enhancing transparency in $IBTC.</strong></li>
</ul>
<p>The Monochrome Bitcoin ETF ($IBTC) has seen a steady increase in assets, growing from 123 Bitcoins (AUD 11.4 million) on August 27th to 138 Bitcoins (AUD 12 million) by September 12th, 2024.</p>
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   <p lang="en" dir="ltr">Monochrome Bitcoin ETF (Ticker: <a href="https://twitter.com/search?q=%24IBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$IBTC</a>) AUM as of 12/09/24 <a href="https://t.co/M8nz3hphBl" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/M8nz3hphBl</a></p>— Monochrome (@MonochromeAsset) <a href="https://twitter.com/MonochromeAsset/status/1834469991279640582?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 13, 2024</a>
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<p>This growth in Bitcoin holdings reflects strong investor interest and confidence in the ETF. The ETF’s Assets Under Management (AUM) fluctuated during this period, mainly due to Bitcoin’s price swings.</p>
<p>The most significant single-day AUM increase was on September 3rd, jumping to AUD 11,732,261.45 alongside a rise in Bitcoin holdings from 126 to 134. The AUM rose from AUD 11,435,316.97 on August 27th to AUD 12,017,943.69 by September 12th.</p>
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  <figcaption class="wp-element-caption"><em>Source:</em><a href="https://x.com/MonochromeAsset/status/1834469991279640582" target="_blank" rel="noopener noreferrer nofollow"><em> Monochrome</em></a>
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<h2 class="wp-block-heading" id="h-monochrome-boosts-transparency-with-hoseki-partnership">Monochrome Boosts Transparency with Hoseki Partnership</h2>
<p>In a move to enhance transparency, Monoch…</p>
<p>The post <a href="https://coinedition.com/australian-crypto-market-monochromes-ibtc-etf-leads-transparency-push/" rel="noopener noreferrer nofollow">Australian Crypto Market: Monochrome’s IBTC ETF Leads Transparency Push</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Australian Crypto Market: Monochrome’s IBTC ETF Leads Transparency Push

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