Australia's first Ethereum spot ETF has been listed on Cboe, with BitGo and Gemini as its crypto custodians

Odaily News Australia's first Ethereum spot ETF, Monochrome Ethereum ETF (IETH), has been listed on Cboe Australia, with total net assets reaching $176,600 (AUD262,500) as of 2 p.m. local time. The fund has a management fee of 0.50% and offers physical applications and redemptions, allowing cash or ETH transactions. It is the only dual-access spot Ethereum ETF in Australia. BitGo and Gemini are the cryptocurrency custodians of the ETF, while State Street Australia is the fund manager. (Cointelegraph)