Monocrom is set to launch Australia's first spot Ethereum ETF on Cboe following approval for the asset in the US market. 🎉
Trading will begin on October 14, giving Australian investors a new way to access the cryptocurrency. The ETF will be available through most brokerage platforms and supports transfers from crypto platforms and cold wallets.
The launch follows the successful introduction of a spot Bitcoin ETF in June, which attracted $15 million in funding.