Monochrome Asset Management, in partnership with Vasco Trustees Limited, has applied to list the Monochrome Ethereum ETF (Ticker: IETH) on Cboe Australia. Designed to passively hold Ethereum, the IETH ETF offers retail investors a regulated pathway to invest in the world’s second-largest cryptocurrency by market capitalization. This move is set to provide a secure and structured investment opportunity in the burgeoning crypto market.

Following the successful introduction of the Monochrome Bitcoin ETF (Ticker: IBTC) in June, the new Ethereum ETF aims to enhance the spectrum of regulated cryptocurrency investment vehicles available to Australians. The ETF’s structure as a dual-access fund will further accommodate both cash and in-kind transactions, making it accessible for diverse investor needs.

Pending regulatory approval, IETH is expected to begin trading on Cboe Australia by the end of September 2024. Upon launch, it will be accessible through major brokerage platforms, marking a significant milestone in mainstream crypto investments in Australia.

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