TechFlow news: Monochrome Asset Management has announced that it has submitted an application to list the Monochrome Ethereum ETF (code: IETH) on Cboe Australia Exchange, together with its Responsible Entity partner, Vasco Trustees Limited.
IETH will passively hold ether, offering retail investors a regulated opportunity to invest in the second-largest cryptocurrency by market capitalization.
IETH will feature a dual-access mechanism, allowing investors to subscribe and redeem in both cash and in-kind. Subject to approval, Monochrome expects IETH to be listed on Cboe Australia Exchange by the end of September 2024 and available for trading on major brokerage platforms.
Add to Favorites
Share to Social Media
