The Monochrome Ethereum ETF (IETH) has officially launched on the Cboe Australia in Sydney Stock Exchange. According to Cboe Australia, as of 2 p.m. local time, the total net assets reached $176,600 (AUD 262,500). The fund charges a management fee of 0.50%, and offers physical applications and redemptions - allowing transactions in cash or Ethereum, making it the only dual-channel spot Ethereum ETF in Australia.