According to Odaily, official data reveals that as of July 26, Monochrome's spot Bitcoin ETF in Australia has reached a holding of 98 BTC. The assets under management (AUM) for the ETF have surpassed $10 million.

This milestone highlights the growing interest and investment in Bitcoin ETFs within the Australian market. Monochrome's achievement reflects a broader trend of increasing institutional adoption of cryptocurrency assets. The ETF's performance is indicative of the potential for further growth in the sector, as more investors seek exposure to Bitcoin through regulated financial products.

The rise in Monochrome's Bitcoin ETF holdings and AUM underscores the importance of regulatory frameworks in fostering confidence among investors. As the cryptocurrency market continues to evolve, the role of ETFs in providing accessible and secure investment options is becoming more prominent. Monochrome's success may pave the way for additional Bitcoin ETFs and similar financial instruments in the future.