Australia’s Monochrome Bitcoin ETF (ASX: IBTC) has reached a major milestone, with its assets under management (AUM) climbing to AUD $177,577,616 as of August 21, 2025. The ETF, which is directly backed by Bitcoin, now holds 1,002 BTC, marking a significant step in mainstream crypto adoption and a clear sign of investor trust in regulated digital asset products.
Australia’s First Spot Bitcoin ETF Gains Momentum
Monochrome Asset Management made history with the launch of IBTC, becoming the first ETF in Australia to directly hold Bitcoin. Unlike synthetic crypto ETFs or those offering indirect exposure, IBTC provides investors with a straightforward and transparent way to invest in Bitcoin via traditional financial markets.
This direct exposure has helped fuel demand from both retail and institutional investors looking for a secure, regulated pathway into digital assets. The recent growth in AUM reflects a rising trend in which more investors are treating Bitcoin as a long-term store of value within diversified portfolios.
Growing Institutional and Retail Confidence in Digital Assets
The ETF’s steady rise in assets is also being seen as a reflection of increasing confidence in Bitcoin and broader digital asset markets. As more institutions explore crypto exposure, regulated products like IBTC are becoming a preferred vehicle due to their simplicity, oversight, and compliance with Australian financial regulations.
Monochrome’s continued growth could pave the way for more innovation in the Australian crypto investment landscape, encouraging further acceptance and integration of blockchain-based assets in traditional finance.