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.
ARK Invest has quietly deepened its exposure to Solana by adding a staked SOL investment to two of its tech-focused ETFs, signaling growing confidence in the blockchain’s long-term potential.
The U.S. Securities and Exchange Commission (SEC) is warming up to the idea of expanding the crypto ETF landscape beyond Bitcoin, with 72 crypto-related ETF proposals now awaiting review.
Coinbase has officially rolled out CFTC-regulated futures contracts tied to XRP, marking a significant step forward for institutional adoption of the Ripple-associated token.
A fresh wave of speculation has hit the crypto market following a hefty stablecoin issuance by Tether, which quietly minted $1 billion worth of USDT on the Tron network earlier today.