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Monochrome applies to list Ethereum ETF (IETH) on ASX
2024-09-05 06:52
Odaily News Monochrome Asset Management announced that it has submitted a listing application for the Monochrome Ethereum ETF (code: IETH) to the Cboe Australia Exchange together with its responsible entity partner Vasco Trustees Limited. IETH will passively hold Ethereum, providing retail investors with a regulated opportunity to invest in the second largest crypto asset by market capitalization. IETH will adopt a dual access mechanism, allowing investors to make cash and physical subscriptions and redemptions. Subject to listing approval, Monochrome expects IETH to be listed on the Cboe Australia Exchange at the end of September 2024 and will be available for trading on major brokerage platforms.