ETF

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.

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.

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.

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.

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.

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.

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.

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.

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.