According to Odaily, Australia's first Bitcoin Exchange Traded Fund (ETF), known as IBTC, held 48 Bitcoin as of last weekend. The ETF, which trades in physical Bitcoin, represents a significant development in the country's cryptocurrency market. This information indicates a growing interest in Bitcoin and other cryptocurrencies in Australia. The ETF provides an opportunity for investors to gain exposure to Bitcoin without the need to directly own or manage the digital asset. The number of Bitcoin held by the ETF is a testament to the increasing acceptance and adoption of cryptocurrencies in the financial sector. The ETF's holdings are expected to grow as more investors seek to diversify their portfolios with digital assets.