Monochrome Australia Submits Ethereum ETF (IETH) Listing Application to Cboe Australia

Monochrome Asset Management and its responsible entity partner Vasco Trustees Limited have submitted an application to Cboe Australia to launch the Monochrome Ethereum ETF (code: IETH). The launch of IETH will expand the regulated crypto asset investment options available to Australian investors, following the launch of the Monochrome Bitcoin ETF (code: IBTC) in June this year. IETH will also be a dual access fund, allowing investors to make cash and physical applications and redemptions.

As long as the listing approval is obtained, Monochrome expects IETH to be listed on Cboe Australia by the end of September 2024 and available on major brokerage platforms.