Monochrome News
Welcome to Monochrome's news section on Bitcoin in an SMSF. Here you'll find all of our latest digital asset investing insights, studies, and resources.
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.
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.
