Monochrome COO: IBTC Now Supports Two-Way Physical Bitcoin Subscription and Redemption

Bitget App

Trade smarter

Bitget

News

金色财经2025/06/04 06:50

Show original

According to a report by Jinse Finance, Bridget Nicholas, COO of Australian Bitcoin ETF issuer Monochrome, stated on the X platform that the Monochrome Bitcoin ETF (IBTC) now supports two-way physical Bitcoin subscription and redemption. Its structure is a bare trust, meaning investors have absolute ownership of physical Bitcoin. IBTC aims to be a Bitcoin ETF specifically designed for long-term Bitcoin holders.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

A whale sold 100 WBTC, with a total unrealized loss of $30.91 million.

Data: BTC options expiration of 143,000 contracts with a max pain point at $98,000; ETH options expiration of 572,000 contracts with a max pain point at $3,400.