🚀 **Breaking News: Ether ETF Lands Down Under!** 🇦🇺

Monochrome Asset Management has just launched Australia's first Ether ETF, IETH, on Cboe Australia. With assets hitting $176,600 (AUD 262,500) on day one, it's already making waves! 🌊

- **Fees?** Just 0.50%!

- **Flexibility?** In-kind applications and redemptions in cash or Ether (ETH).

- **Custodians?** BitGo and Gemini.

- **Admin?** State Street Australia.

Following their Bitcoin ETF success, Monochrome's CEO Jeff Yew is optimistic about the future of spot crypto ETFs in Oz. What do you think? Share your thoughts below! 💬

#CryptoNews #EthereumETF #Australia