{"id":139734,"date":"2024-10-15T16:30:37","date_gmt":"2024-10-15T13:30:37","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139734"},"modified":"2024-10-15T14:31:47","modified_gmt":"2024-10-15T11:31:47","slug":"australia-launches-its-first-ethereum-eth-etf","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/australia-launches-its-first-ethereum-eth-etf\/","title":{"rendered":"Australia Launches Its First Ethereum (ETH) ETF"},"content":{"rendered":"

Launched<\/a><\/strong> on October 15, the Monochrome Ethereum ETF (IETH) is listed on Cboe Australia and reported total assets of approximately AUD 262,500 (USD 176,600) by mid-afternoon.<\/p>\n

This ETF features a management fee of 0.50% and allows investors to transact in cash or Ethereum<\/a><\/strong> through its in-kind application and redemption process.<\/p>\n

Notably, IETH is the only dual-access spot Ethereum ETF in the nation, with custody provided by BitGo and Gemini, while State Street Australia oversees fund administration.<\/p>\n