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Monochrome Applies for Ethereum ETF Listing on Cboe Australia

06.09.2024 23:00 1 min. read Alexander Stefanov
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Monochrome Applies for Ethereum ETF Listing on Cboe Australia

On September 5, Monochrome Asset Management applied to list the Ethereum exchange traded fund (ETF) on Cboe Australia using the ticker IETH.

This ETF aims to provide retail investors with a regulated way to gain exposure to ETH. The company expects a decision on the application by the end of the month.

If approved, the IETH ETF will expand the range of regulated crypto investment options for Australian investors.

The move follows the earlier launch of a Bitcoin ETF by Monochrome (IBTC), which became the first Australian ETF to hold Bitcoin directly.

IBTC’s Bitcoin holdings are reportedly valued at $11.4 million.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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