Attention crypto enthusiasts! 🚀 Monochrome Asset Management has launched Australia’s first Ether ETF, with assets under management reaching $176,600 USD. The Monochrome Ethereum ETF (IETH) debuted on Cboe Australia and offers trading in cash or Ether.

- Management fee: 0.50%

- Custodians: BitGo and Gemini

- Administrator: State Street Australia

This launch follows the success of the Monochrome Bitcoin ETF (IBTC), which has amassed nearly $10.7 million USD. What do you think of these developments in crypto ETFs? Comment below!