Monochrome of Australia Seeks Approval for Ethereum Spot ETF
CryptoNewsTerminal Staff05 Sep, 2024
Monochrome of Australia Seeks Approval for Ethereum Spot ETF
As per Cryptobriefing, Monochrome Asset Management, an Australian digital asset management firm, has submitted an application to list its Monochrome Ethereum ETF (IETH) with Vasco Trustees Limited. The ETF, if approved, will be listed on Cboe Australia under the ticker IETH. Significantly, it will support both cash and in-kind redemptions. This move follows Monochrome Asset Management's launch of its BTC spot ETF (IBTC) in June.
