Monochrome COO: IBTC has supported two-way physical bitcoin subscription and redemption
2025-06-04 06:32:28
Bridget Nicholas, chief operating officer of Monochrome, an Australian bitcoin exchange-traded fund issuer, said in a post on the X platform that the Monochrome Bitcoin ETF (IBTC) has supported two-way physical bitcoin subscription and redemption, and its structure is a bare trust, which means that investors have absolute ownership of physical bitcoin. IBTC will strive to become a bitcoin ETF designed for long-term bitcoin holders.
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