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- The Monochrome Bitcoin ETF ($IBTC) has skilled important progress in its Bitcoin holdings and AUM.
- IBTC offers Australian buyers with direct publicity to Bitcoin’s worth actions in AUD.
- The ETF provides each day updates on its Bitcoin holdings and AUM, guaranteeing transparency for buyers.
The Monochrome Bitcoin ETF (IBTC) is surging in reputation amongst Australian buyers. Because the nation’s first Bitcoin ETF to straight maintain the cryptocurrency, IBTC permits buyers to trace Bitcoin’s worth in Australian {Dollars} (AUD). The ETF offers each day updates on its belongings and Bitcoin holdings, providing full transparency.
October Progress
In late October 2024, the Monochrome Bitcoin ETF steadily elevated its Bitcoin holdings. On October 29, the fund held 160 Bitcoins, with an AUM of $17,377,122.10 AUD.
This marked the start of continued Bitcoin accumulation. By October 30, holdings grew to 168 Bitcoins, with an AUM of $18,573,925.87 AUD. This momentum continued on October 31, because the ETF reached 169 Bitcoins and an AUM of $18,654,435.50 AUD.
November Progress
November started with robust progress for $IBTC. On November 1, the ETF held 173 Bitcoins, valued at $18,317,276.12 AUD. This upward development turned extra pronounced by November 5, when holdings elevated to 178 Bitcoins with an AUM of $18,565,270.39 AUD.
On November 6, the ETF collected 181 Bitcoins, pushing its AUM to $20,542,659.86 AUD. This progress continued on November 7, with 187 Bitcoins and an AUM of $21,195,909.94 AUD.
AUM Progress Continues
The Monochrome Bitcoin ETF continued to broaden all through November. By November 8, its holdings reached 192 Bitcoins, with an AUM of $21,996,773.71 AUD.
Learn additionally: Aussie Bitcoin ETF is Stacking Sats Whereas BTC Worth Stalls
On November 11, holdings elevated to 195 Bitcoins, and the AUM rose to $24,049,680.87 AUD. This progress accelerated, resulting in November 12, when the ETF reported 202 Bitcoins and an AUM of $27,648,926.36 AUD.
The ETF’s holdings surged additional on November 13, reaching 206 Bitcoins and an AUM of $27,596,955.23 AUD. On November 14, the ETF peaked with 221 Bitcoins and an AUM of $30,727,155.18 AUD.
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