Australia's Monochrome Bitcoin ETF has increased its holdings to 1,248 BTC, signaling steady institutional demand in the region, even as U.S. spot Bitcoin ETFs face their longest outflow streak since February 2025.
The Monochrome spot Bitcoin ETF, which provides investors with direct exposure to Bitcoin through a regulated structure, saw its holdings climb to 1,248 BTC. This growth reflects a sustained institutional appetite for regulated crypto products in Australia, allowing investors to gain access via traditional brokerage accounts without dealing with private keys or crypto exchanges directly.
"The rise to 1,248 BTC may seem modest compared to global giants, but in the Australian market, it represents meaningful progress," the report notes. This accumulation indicates real capital entering the Bitcoin market, as spot ETFs hold actual Bitcoin, unlike futures-based products. The increase suggests investors are positioning for potential market moves and highlights growing trust in regulated digital investment products within Australia's financial landscape.
However, this regional growth contrasts sharply with trends in the larger U.S. market. According to data from SoSoValue, U.S. spot Bitcoin ETFs experienced net outflows for five consecutive weeks, totaling approximately $3.8 billion. This marks the longest series of outflows since February 2025.
BlackRock's iShares Bitcoin Trust (IBIT) led this decline, with withdrawals of approximately $2.13 billion during the same period. While the current outflow streak is similar in length to the one in February 2025, the total is less severe than the $5 billion outflows experienced then. The previous outflow period was followed by a market downturn that saw Bitcoin fall to $75,000 by early April 2025.
Experts attribute the current risk aversion and ETF outflows to several factors, including escalating U.S.-Iran tensions, former President Donald Trump's announcement of a global tariff policy, and negative technical chart patterns. This institutional caution follows the sharp market downturn in October 2025, which was exacerbated by risks and increased volatility on overseas exchanges.
The expansion of the Monochrome ETF fits into a broader global narrative where spot Bitcoin ETFs are becoming a bridge between traditional finance and crypto. While Australia's growth demonstrates steady, sustainable development, the simultaneous outflows from U.S. funds underscore the ongoing sensitivity of institutional capital to macroeconomic and geopolitical risks.
