News & Updates

Monochrome Asset Management has adjusted the management fees and costs for the Monochrome Bitcoin ETF (IBTC) and Monochrome Ethereum ETF (IETH) from 0.50% to 0.25%

Monochrome Group is strengthening its footprint in South-East Asia with key initiatives to support institutional engagement in digital assets.

Monochrome Asset Management has lodged a draft application for its third spot crypto-asset exchange-traded fund (ETF), the Monochrome Litecoin ETF (Ticker: LTCC), on Cboe Australia. Subject to exchange and regulator approval, the launch of LTCC will add to Monochrome's growing suite of ETFs, designed to provide investors with direct access to key digital assets under a licensed framework.

Monochrome Asset Management is pleased to announce that it has expanded its custody solution by onboarding BitGo Trust Company, Inc (BitGo Trust) to its list of crypto-asset custodians for the Monochrome Bitcoin ETF (IBTC) and Monochrome Ethereum ETF (IETH).

As Australia’s first dual-listed crypto ETFs, IBTC and IETH offer direct exposure to Bitcoin and Ethereum under a licensed framework. Investors who take advantage of the portfolio transfer facility move their digital holdings into a listed, regulated holding structure and no longer need to manage security, custody or default risks.

Monochrome Asset Management has been named a finalist in the Digital Assets & Web3 Innovation category at the 2024 Finder Innovation Awards. These awards recognise companies across Australia for their contributions and achievements in innovation in sectors such as finance, technology, and digital assets.

Monochrome Asset Management is pleased to announce the launch of the Monochrome Ethereum ETF (IETH), Australia’s first exchange-traded fund (ETF) that provides direct access to Ethereum. IETH will begin trading on Cboe Australia, under the ticker ‘IETH’ (CBOE).

Monochrome Corporation (“Monochrome”) has acquired Spek Technologies, a provider of centralised data management and real-time collaboration tools. This acquisition supports Monochrome’s strategy to invest in technology that streamlines operations for financial institutions, particularly those managing crypto investments.

Monochrome Asset Management today announced that the Monochrome Bitcoin ETF (Ticker: IBTC) will be the first Australian spot Bitcoin ETF to implement proof-of-reserves verification. This initiative is made possible through a strategic partnership with Hoseki, a leading global provider of Bitcoin verification services, reinforcing Monochrome’s commitment to transparency and investor security.

Monochrome Asset Management is pleased to announce the firm, alongside its Responsible Entity partner Vasco Trustees Limited, has lodged an application to quote the Monochrome Ethereum ETF (Ticker: IETH) on Cboe Australia.

Virtual Webinar: Explore the Monochrome Bitcoin ETF (Ticker: IBTC), Australia's first spot Bitcoin ETF to be licensed under a retail crypto-asset Australian Financial Services License (AFSL).

Monochrome Asset Management is pleased to announce the launch of its IBTC Adviser Program, along with a rebate of its management fee for eligible investors who apply in-specie to the Monochrome Bitcoin ETF (Ticker: IBTC) until December 31, 2024.

Monochrome and CF Benchmarks, the largest indices provider for cryptocurrencies, are pleased to announce the successful launch of the Monochrome Bitcoin ETF (IBTC).

Monochrome Asset Management is pleased to partner with Solactive as the Intraday Net Asset Value (iNAV) provider for the Monochrome Bitcoin ETF (Ticker: IBTC). Officially quoted on Cboe Australia on June 4, 2024 – IBTC is the first and currently only spot Bitcoin ETF in the Australian market to be authorised under a specific crypto asset licensing category.

Monochrome is pleased to announce our partnership with FalconX, a leading institutional digital asset prime broker, to support the launch of the Monochrome Bitcoin ETF (Ticker: IBTC). IBTC is the first ETF in Australia to hold bitcoin directly, which was quoted on Cboe Australia earlier this month on 4 June 2024.

Monochrome Asset Management is proud to announce the official launch of the Monochrome Bitcoin ETF (IBTC), Australia's first ETF that holds bitcoin directly. The Monochrome Bitcoin ETF will begin trading on the Cboe Australia exchange today, under the ticker ‘IBTC’, offering a new way for Australian investors to access bitcoin in a regulated and compliant manner.

Topics discussed include Hong Kong Bitcoin and Ether ETFs attract over $200m, Uniswap issued Wells Notice by SEC, Metaplanet Shares Soar as Japanese Firm Mimics MicroStrategy on Bitcoin Buying, Samourai Wallet founders arrested for money laundering charges and advisors in U.S. stacking bitcoin.

Topics discussed include Hong Kong Bitcoin ETFs could potentially unlock demand of up to $25B, Navigating Bitcoin's volatility & halving, Argentinians shift away from US Dollar to Bitcoin amidst inflation, UK Court rules Australian computer scientist Craig Wright not Satoshi, and U.S. Bitcoin ETFs hold 4% of total Bitcoin supply as demand continues to surge.

Round 1 of the 2024 Monochrome GT4 Australia season will kick-off this weekend at the iconic Phillip Island Grand Prix Circuit on 12-14 April.

Monochrome Asset Management, an Australian investment management firm with a focus on regulated digital asset products, today announced its strategic decision to move its application for its flagship product - the Monochrome Bitcoin ETF, to exchange Cboe Australia.

Every few years, the Bitcoin community buzzes with a single word: Halving. But what is all the noise about? Unravel this Bitcoin phenomenon in this article.

Topics discussed include Bitcoin ETFs in U.S. hit record volume of USD$7.6B in one day, Microstrategy acquires 3,000 BTC, and wealth managers expand access to spot bitcoin ETFs in the U.S.

In a strategic move, the Monochrome Bitcoin ETF (IBTC) will be the first to use the CME CF Bitcoin Reference Rate – Asia Pacific Variant (BRRAP) for its benchmarking. The BRRAP provides a reliable pricing benchmark for bitcoin, designed to accurately reflect the market price, resist manipulation, and be verifiable by market participants.

Monochrome is proud to announce their renewed partnership with Supercars for the 2024 Repco Bathurst 12 Hour race as an official event partner.

Topics discussed include US$10 billion volume following spot bitcoin ETFs launch in the U.S., Institutional involvement in bitcoin ETFs, Genesis settles US$21 million SEC Lawsuit, Founder of ACE Exchange arrested amidst fraud allegations.

Bitcoin Exchange Traded Funds (ETFs) are revolutionising the way investors engage with digital assets, by bridging the gap between bitcoin and traditional financial markets. They provide a regulated pathway for investors to gain bitcoin exposure.

Topics discussed include MicroStrategy buys US$615 million worth of bitcoin, Coinbase obtains VASP in France, Digital assets' growing influence, U.S. ETF race update and 2023 recap.

Topics discussed include UBS allows clients to trade crypto ETFs in Hong Kong, Sam Bankman-Fried found guilty in FTX trial, Binance CEO pleads guilty to money laundering charges, CoinShares secures an option to acquire Valkyrie’s investment advisory business.

Monochrome is pleased to announce its partnership with South Australian Motor Sport Board at the 2023 VAILO Adelaide 500 as the main sponsor of the Monochrome GT Village. The firm is proud to support this iconic event, set to take place at the world-renowned Adelaide Street Circuit from November 23rd to the 26th.

Monochrome Group is proud to unveil the highly anticipated 2024 Monochrome GT4 Australia Championship. Building on the success of its presence within the Australian Production Cars (APC) category, the Monochrome GT4 Australia Championship is set to take a monumental leap forward in 2024 as a standalone category as part of SRO Australia’s GT4 offering.

Topics discussed include U.S. spot Bitcoin ETF application update, BlackRock uses JPMorgan blockchain settlement system, Bitcoin rallied over 100% in 2023.

Topics discussed include U.S. ETF race update, BlockFi bankruptcy and Coinbase launches lending service, bitcoin legally recognised in Shanghai, wallet addresses with balance under 0.1 BTC reaches an all time high.

Topics discussed includes Europe Launches First Spot Bitcoin ETF, Coinbase wins NFA approval to offer Bitcoin and Ether futures in US, Grayscale Wins Court Battle Against SEC and Binance limits withdrawals in Europe.

Monochrome Asset Management (Monochrome) is proud to be a major partner at the Financial Review Cryptocurrency Summit 2023 on 16 October, in Sydney. Organised by The Australian Financial Review, it is the nation’s premier crypto-asset forum for investors, policy makers, regulators and tech innovators.

Topics discussed in this edition of the Monochrome Digest includes Australia’s first spot bitcoin ETF lodged with the ASX under new rules, Argentina welcomes its first Bitcoin Futures Contract, downgrade of U.S. debt and Bulgaria holds over 200,000 bitcoin.

Monochrome Research has launched its AI bitcoin research assistant, currently in beta. The new AI research assistant is a ChatGPT powered chatbot to help you navigate the complexities of digital asset research with a more efficient and effective approach.

Monochrome Asset Management Pty Ltd (Monochrome) announced today that on 14 July 2023, its Responsible Entity partner, Vasco Trustees Ltd (Vasco), lodged an updated application with the Australian Securities Exchange (ASX) to list the Monochrome Bitcoin ETF (IBTC), an exchange traded fund that will have direct exposure to bitcoin.

Topics discussed in this edition of the Monochrome Recap includes the U.S. Spot Bitcoin ETF Race Update, Charles Schwab, Citadel Securities and Fidelity Digital Assets launch EDX Markets, HSBC Allows Customers to Buy Crypto ETFs on its Investment Platform, and Robert F. Kennedy Jr. Supports Bitcoin Adoption in Presidential Bid.

Topics covered in this edition of the Monochrome Recap includes BlackRock's iShares files paperwork for spot bitcoin ETF, PayPal increase crypto-asset holdings from Q4 2022, SEC sues Binance and Coinbase, Lightning Network relieves congestion from BRC20 token activity, and Commbank restricts cryptocurrency payments.

After debuting at Phillip Island, Monochrome GT4 Australia is gearing up for Round 2 at Sydney Motorsport Park on June 16-18. Watch the behind-the-scenes video at the Phillip Island Grand Prix Circuit.

Topics covered in this edition of the First Republic Bank insolvency, digital assets ruled as property in Hong Kong, Grayscale Bitcoin ETF update, volatility in Bitcoin markets see liquidation.

Topics covered in this edition of the Monochrome Recap includes Bitcoin regaining USD$30k, CFTC sues crypto exchange Binance, and finance giants foray into Bitcoin

Monochrome announces the Group’s continued partnership with Wall Racing for the 2023 Porsche Carrera Cup Australia season.

In an Australian first, Monochrome Asset Management has announced today the launch of the Monochrome Bitcoin Trust (IBTC), the only regulator-approved crypto-asset retail fund in Australia, providing investors with legal rights to their specific bitcoin holdings in the fund.

Topics covered in our February to March edition includes cryptocurrency hedge fund Galois Capital shuts down after losing millions to FTX, Securities and Exchange Commission (SEC) updates and EU crypto-asset regulation updates.

Monochrome Corporation (the Group) is proud to announce that the firm has been appointed as the naming rights partner of the 2023 Monochrome GT4 Australia Championship.

This month's edition of the Monochrome Recap covers: Binance SWIFT banking partner to ban USD transfers below $100K, Genesis crypto lending businesses file for bankruptcy protection, and 2023 Bitcoin year-to-date price performance and 2022 summary.

Monochrome is pleased to announce our official partnership with Supercars for the 2023 Liqui Moly Bathurst 12 Hour at the iconic Mount Panorama circuit.

Monochrome Group has announced today that the firm will be supporting Triple Eight Race Engineering’s Pro-AM entry for the 2023 Liqui-Moly Bathurst 12 Hour.

This month's edition of the Monochrome Recap covers: Hong Kong Bitcoin ETF launch, FTX Collapse update: Potential Australian regulatory changes, Queensland crypto-asset firm TrigonX goes into voluntary administration, Judge in Celsius Network bankruptcy case rules deposits belong to estate not users.

Monochrome Asset Management has announced the appointment of Automic Group as unit registry for the upcoming Monochrome Bitcoin Trust, a new bitcoin retail managed fund.

Topics covered in this month's edition of the Monochrome Recap include: Binance & FTX Summary, UK Stablecoin Rules Approved by Lawmaker Committee, Australian Regulatory Update, Reserve Bank of India Begin Wholesale CBDC Pilot.

Queensland-based digital investment management firm Monochrome Asset Management has launched the brand’s first televised advertisement, titled "Bitcoin is the People's Money".

Monochrome Asset Management is proud to be an official event partner of the 2022 Supercars Championship at the Gold Coast.

Topics covered in a new monthly edition of the Monochrome Recap include: RBA Publishes White Paper on Central Bank Digital Currency (CBDC), SEC Claims All of Ethereum Falls Under US Jurisdiction and 8 US States File Cease-and-Desist Orders Against Nexo.

Monochrome Asset Management today announced that Gemini Trust Company, LLC has been appointed as the crypto-asset custodian for Monochrome’s upcoming managed funds.

Monochrome Asset Management is proud to continue support for Wall Racing as they begin preparations for their 2022 Bathurst campaign.

Topics covered in this fortnight's edition include; Australian Treasury Department to begin “Token Mapping” cryptocurrencies. American Crypto ATM operator Bitcoin Depot to list on NASDAQ.

Australian Bitcoin ETFs have been long demanded, and for good reason. They offer a regulated investment vehicle for wholesale and retail investors alike to invest their capital into bitcoin, while bypassing many challenges encountered with unregulated pathways.

Topics covered in this fortnight's edition include; BlackRock partners with Coinbase to offer institutional investors access to Bitcoin. Popular crypto-mixer, Tornado Cash, sanctioned. What happened and potential implications. On-chain analysis examines the conditions on new bitcoin investors.

Monochrome Asset Management became one of the first Australian asset managers to be authorised under an Australian financial services licence (AFSL) to offer retail investors fully regulated and direct insured exposure to crypto-assets, such as bitcoin and ether.

Some market commentators point to bitcoin’s very high volatility as a major deterrent for use and investment; however, investors may be able to either minimise or otherwise utilise this volatility in a portfolio through varying familiar approaches.

As we enter the new financial year, the impacts of events seen in the year prior continue to play out and develop. This edition of Monochrome Recap covers two of such continuing developments.

Craig Hobart, Head of Distribution at Monochrome Asset Management, attended the Advisers Big Day Out (ABDO) conference to discuss the developments in the crypto-asset space relevant to financial advisers following ASIC REP 705.

In this paper we look at the criteria for index selection in a spot bitcoin ETP, with particular focus on the timing of the index. In a recent article, CF Benchmarks have analysed the suitability of the CME CF Bitcoin Reference Rate (BRR) for the creation of regulated products and more recently performed analysis comparing this to a Sydney-based time period. We draw on that analysis in this paper and expand on it in the context of the impact on the performance, costs and market dynamics when used in a passive bitcoin ETP.

As the Roads to an Australian Bitcoin ETF series draws to a close, Monochrome peel back the layers of our own market, examining ‘crypto industry baskets’, regulation, and what may lie ahead for Bitcoin ETFs in Australia.

Attention has recently been given to the addition of non-traditional investments such as bitcoin in SMSF portfolios. Before doing so, SMSF trustees should take steps to understand the asset class and most importantly obtain professional advice on how they can safely implement digital assets into portfolios to ensure they meet all their fiduciary obligations as SMSF trustees and that no issues arise during annual audits.

One of the most common criticisms of Bitcoin I hear is that it sounds like a cult or religion. I believe that the religious element of Bitcoin is a feature, not a bug. In fact, I would say the single final financial backstop that gives Bitcoin “value” is its religious adherents. To begin, however, we need to understand what religion means in the context of the True Bitcoin Believer.

In the third part of Monochrome’s “The Roads to an Australian Bitcoin ETF” series, the team explores the intricacies of European exchange traded products (ETPs) holding crypto assets and the challenges faced by European regulators in bringing these products to market.

Monochrome returns to support Wall Racing and incoming driver Liam Talbot during their 2022 Paynter Dixon Porsche Carrera Cup campaign.

In light of the March 2 release of the Cyber Security Industry Advisory Committee’s (CSIAC’s) recent paper, Monochrome provide summary of the recommendations and perspectives offered.

In the second of Monochrome’s multi-part series on Bitcoin’s investment market evolution, the team delves deeper into Canadian markets and the court cases that defined them, the world’s first spot Bitcoin ETF and why not all first-mover advantages are equal.

Monochrome is pleased to announce the Monochrome Bitcoin Fund (MBF) has received an investment-grade rating from respected research house, SQM Research.

In the first of a multi-part series on Bitcoin’s investment market evolution, Monochrome examines the journey taken in US markets to launch a Bitcoin ETF.

Craig Hobart, Head of Distribution at Monochrome joined Lukasz de Pourbaix, Executive Director and Chief Investment Officer at Lonsec Investment Solutions to discuss crypto-assets and the questions financial advisers have regarding the asset class.

Monochrome has launched a new channel for professionals to engage with crypto-asset information and research, leading with the narrated Bitcoin Foundational Series on Spotify.

Wealth management platform Mason Stevens adds the Monochrome Bitcoin Fund, providing a regulated vehicle for bitcoin exposure to Australian wholesale investors on the platform.

Monochrome Head of Distribution Craig Hobart joined the Institute of Managed Account Professionals (IMAP) Specialist series to discuss Bitcoin, crypto and blockchain.

Global market-leader CF Benchmarks will provide professionally aggregated benchmarks for Monochrome financial products in an Australian first.

Wall Racing is excited to announce a partnership with Monochrome Asset Management, the investment management firm behind Australia's leading investment-grade Bitcoin Fund.

Wealth management platform Praemium announces approval for Monochrome’s flagship product, providing wholesale investors leading access to a pure bitcoin fund via a platform in Australia, supported with complementary research and education.

Following the release of ASIC’s REP 705 on its much-anticipated response to submissions of Consultation Paper 343 regarding crypto-assets as underlying assets for ETPs. Monochrome Assethas prepared an 8 page summary of ASIC’s report REP 705.

Monochrome Asset Management welcomes global accounting giant KPMG as fund accountant for flagship wholesale bitcoin fund.

Following the publication of the Senate Select Committee report on ‘Australia as a Technology and Financial Centre’, Monochrome has prepared a concise summary of key considerations and recommendations.

Monochrome Research today announced their new Head of Research as they continue to develop education on emerging digital assets.

Monochrome Asset Management today announced the formation of Monochrome Research, a specialist division focused on providing expert-led research and insights to guide institutional investors and financial services professionals as they navigate and evaluate the digital asset industry.

Monochrome Asset Management CEO Jeff Yew spoke with Ausbiz Startup Daily on the digital asset industry in Australia, the risks concerning regulators, and Bitcoin exchange-traded funds (ETFs).

Monochrome Asset Management, the torchbearer for investment-grade access to digital assets in Australia, today announced the appointment of BNY Mellon executive and foreign exchange veteran Jeff Leal as Chief Operating Officer and Head of Digital Markets.

In sync with Bitcoin passing 700,000 blocks, Monochrome Asset Management delved into some of the key moments for investors that have defined the nascent asset’s evolution from niche cryptography project to flourishing digital store of value.

Craig Hobart joins Darin Tyson-Chan at SMSF Trustee Empowerment Day 2021 to discuss investment exposure to a nascent asset, bitcoin, via a safe, regulated and familiar investment vehicle.

Monochrome Asset Management, the torchbearer of investment-grade access to digital assets in Australia, announced a USD $1.8 million (approx. AUD $2.4 million) private Series A funding, valuing the company at around $20 million AUD.

Monochrome Asset Management CEO Jeff Yew spoke with ABC Radio Sydney on bitcoin’s role within investment portfolios, institutional adoption and its broader place in the digital asset ecosystem.

Monochrome Asset Management was proud to announce itself as the headline sponsor of the 2021 Blockchain Australia Blockies Awards.

We are excited to present the first of our “Meet Monochrome” series, introducing the team behind Monochrome Asset Management, the torchbearer of institutional-grade access to digital assets in Australia. Featuring David Hobart, Monochrome’s Chief Investment Officer.

Monochrome Asset Management is proud to host the Bitcoin Whitepaper. Published by Satoshi Nakamoto on the 31st October 2008.

Monochrome Asset Management, is proud to announce the appointment of another industry expert, Derek Vladimir Henningsen, joining as Head of Legal & Compliance.

Following the launch of the Monochrome Bitcoin Fund, Monochrome Asset Management, the Brisbane-based digital asset management firm founded by former Binance Australia CEO Jeff Yew, today announced the appointment of two additional industry experts - Derek Vladimir Henningsen and Craig Hobart.

Monochrome Asset Management is thrilled to announce it has joined Blockchain Australia as a member, Australia’s peak industry body that represents businesses and individuals implementing and encouraging the potential for blockchain technology to improve the nation’s economy and society.

Monochrome Asset Management, the Brisbane-based investment manager of the Monochrome Bitcoin Fund, announced the appointment of two well-known names in the Australian alternative investment industry - David Hobart and Kevin Saunders.

Monochrome Asset Management is proud to announce that it is joining FinTech Australia, a leading industry advocacy body in the Australian fintech industry.

Monochrome Asset Management is thrilled to join 800 other Fintech companies as a member of Australian FinTech.

Monochrome Asset Management’s CEO, Jeff Yew, spoke about the opportunities and challenges of a Bitcoin ETF in Australia at the first Inside ETFs ASX Conference in Sydney on June 15, 2021.

Monochrome Asset Management was proud to sponsor the Queensland Masters Men’s Eight Rowing Team in the 2021 Australian Masters Rowing Championships in South Australia.