IBTC is secretly accumulating positions again, with spot BTC holdings exceeding 388 coins!
Australia's first spot Bitcoin ETF - Monochrome IBTC, as of May 9, has increased its holdings to 388 BTC, with a market value of approximately $62.837 million.
Although it is not as large as the major ETFs in the United States, it has been quietly buying in recent days, which is quite meaningful. This indicates that even with constant short-term volatility, institutions are still willing to invest real money in BTC.
Sometimes, the actions of an ETF are more real than a bunch of candlestick charts.
