Monochrome Bitcoin ETF (IBTC) Hits Record $94.67 Million AUD in Assets Under Management
As of May 22, 2025, Monochrome’s Bitcoin ETF (IBTC) has achieved a significant milestone, reaching $94.67 million AUD in assets under management. This growth underscores the increasing demand among Australian investors for regulated and secure exposure to Bitcoin. The fund now holds 550 BTC, reflecting a substantial rise from just over $54 million AUD in early May.
Launched in March 2023, IBTC was Australia’s first exchange-traded fund to directly hold Bitcoin, offering investors a trusted and compliant way to invest in the digital asset without the complexities of self-custody. The ETF is overseen by licensed entities and utilizes a passive buy-and-hold strategy, ensuring transparency and security for investors
Growing Interest in Regulated Crypto Investments
The rapid growth of IBTC’s assets highlights a broader trend in the Australian investment landscape, where traditional investors are increasingly seeking regulated avenues to gain exposure to cryptocurrencies. The ETF’s success is indicative of a maturing market where digital assets are becoming a serious component of mainstream investment portfolios.
Monochrome’s commitment to investor protection is evident through initiatives like the implementation of proof-of-reserves verification in partnership with Hoseki, ensuring that the ETF’s Bitcoin holdings are secure and independently verified
