avoiding internet connectivity.
Global Trend:
The launch of IBTC aligns with a broader trend. Several countries are approving spot Bitcoin ETFs, allowing investors direct exposure to the cryptocurrency. The success of the initial wave of ETFs in the United States has sparked interest worldwide.
Hong Kong, for instance, saw its first spot Bitcoin ETFs debut on April 30, and analysts anticipate similar product approvals in other regions soon.
Related: Bitcoin Trading at $69,000 as Volume Drops to Historic Lows

In summary, Monochrome’s IBTC represents an innovative step toward providing Australian investors with secure and direct access to Bitcoin. The global wave of spot Bitcoin ETFs continues to gain momentum, opening up new opportunities for investors worldwide.