Monochrome COO: IBTC Now Supports Two-Way Physical Bitcoin Subscription and Redemption
According to a report by Jinse Finance, Bridget Nicholas, COO of Australian Bitcoin ETF issuer Monochrome, stated on the X platform that the Monochrome Bitcoin ETF (IBTC) now supports two-way physical Bitcoin subscription and redemption. Its structure is a bare trust, meaning investors have absolute ownership of physical Bitcoin. IBTC aims to be a Bitcoin ETF specifically designed for long-term Bitcoin holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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