Monochrome Applies for Ethereum ETF Listing on Cboe Australia
On September 5, Monochrome Asset Management applied to list the Ethereum exchange traded fund (ETF) on Cboe Australia using the ticker IETH.
This ETF aims to provide retail investors with a regulated way to gain exposure to ETH . The company expects a decision on the application by the end of the month.
If approved, the IETH ETF will expand the range of regulated crypto investment options for Australian investors.
The move follows the earlier launch of a Bitcoin ETF by Monochrome (IBTC), which became the first Australian ETF to hold Bitcoin directly.
READ MORE:
Top Crypto Project Founder Sells His Tokens Amid Market DownturnIBTC’s Bitcoin holdings are reportedly valued at $11.4 million.
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