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.
A new milestone in cryptocurrency investment products is set to unfold this Wednesday, as REX Shares prepares to launch the first-ever U.S.-listed staked crypto exchange-traded fund (ETF), according to a company announcement shared on X.
XRP (XRP) has gone up by 1.2% in the past 24 hours but, behind that mild price increase, there has been a significant spike in trading volumes. During this period, $2.4 billion worth of XRP has exchanged hands, representing an 83% increase. Just hours ago, Ripple announced the official launch of its Ethereum-compatible sidechain called […]
A community-driven initiative launched Monday is inviting Ethereum users to lock art, memories, and personal messages inside a decentralized “time capsule,” set to be opened on the network’s 11th anniversary next year.
A new CryptoQuant report highlights a growing divergence between long-term Ethereum holders and short-term Bitcoin buyers, with significant accumulation behavior unfolding in both markets amid increasing political and economic tension in the U.S.