The gateway in the Southern Hemisphere is open! Australia's first spot Bitcoin ETF—Monochrome's IBTC holdings have surpassed 939 BTC, with a market value of 157 million Australian dollars. Behind this number lies an astonishing signal of global capital movement: even the Australian market has started to go on a buying spree, and the institutional wave of Bitcoin is sweeping through every corner.
The small pool has stirred up big waves. Compared to BlackRock's billions of dollars flowing into ETFs in the U.S. daily, the Australian market seems small, but it is highly significant. It proves that the global layout of Bitcoin ETFs is accelerating, and capital is pouring into the crypto market from all directions. When small countries' ETFs begin to build positions, the real whales have already opened their mouths wide.
The global rush to accumulate cannot be stopped. BlackRock holds over 300,000 coins, Fidelity holds over 170,000 coins, and now the new forces from Australia have entered the battlefield. The fundamental logic behind institutional accumulation has never changed— with the Fed's interest rate cuts imminent and expectations of a depreciating dollar, Bitcoin is becoming a new safe haven for global capital.
Historical experience tells us: when ETF holdings continue to grow, the bull market engine will not stop. The pace of institutional accumulation in 2024 far exceeds that of previous years, and the market's energy accumulation is far beyond that of 2020.
Dachuan's sharp commentary: The 939 coins in the Australian ETF are just the beginning; a global capital tide is rushing towards Bitcoin. When even small countries are joining the battlefield, what are you waiting for? Next issue reveals: Countdown to the Fed's interest rate cut, how to seize this decade-long wealth tide?
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